A stock is expected to pay a year$-$end dividend of $$4,$ i$.$e$.,$ D$1=$ $$4.$ The dividend is expected to decline at a rate of $4\mathrm{.}5\%$ a year forever $($g $=-4\mathrm{.}5\%).$ If the company is in equilibrium and its expected and required rate of return is $6\%,$ what is the expected price $3$ years later?