1 1 DO 2.5 points You expect a stock will pay annual dividends of $3.44 and $4.21 in each of the next two years, with the first dividend payment occurring one year from today. You also expect a stock price of $34 immediately after the stock pays the second annual dividend (i.e., exactly two years from today). What is a fair price for this stock today if your required rate of return is 11.9%? Round your answer to the nearest penny