Jack Hammer invests in a stock that will pay dividends of $$3\mathrm{.}09$ at the end of the first year; $$3\mathrm{.}48$ at the end of the second year; and

$$3\mathrm{.}87$ at the end of the third year. Also at the end of the third year he believes he will be able to sell the stock for $$59.$

What is the present value of these future benefits if a discount rate of $9$ percent is applied? Use Appendix B$.($Round $"$PV Factor" to $3$

decimal places. Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$