Jack Hammer invests in a stock that will pay dividends of $3.10 at the end of the first year; $3.50 at the end of the second year; and $3.90 at the end of the third year. Also, he believes that at the end of the third year he will be able to sell the stock for $60. What is the present value of all future benefits if a discount rate of 10 percent is applied? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Dividend Present Value 3.10 3.50 3.90 60.00 Total $ 0.00