Question: Consider a stock that will pay out a dividends over the next 3 years of $1.45, $1.95, and $2.25, respectively. The price of the stock

Consider a stock that will pay out a dividends over the

Consider a stock that will pay out a dividends over the next 3 years of $1.45, $1.95, and $2.25, respectively. The price of the stock will be $34.63 at time 3 The interest rate is 3.5%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES

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