A share of stock with a beta of 0.80 now sells for $55. Investors expect the stock to 3% and the market risk premium is 6%. If price of the stock at the end of the year? (Do not round Intermediate calculations. Round your answer to pay a year-end dividend of $3. The T-bill rate ls the stock is perceived to be fairly priced today, what must be investors' expectation of the 3 decimal places.)