Connolly Co.'s expected year-end dividend is D1 = $1.60, its required return is rs = 11.00%, its expected constant growth rate is 5%. What is Connolly's expected stock price in 7 years, i.e., what is P7? (Careful! Round your dividend to the nearest penny before calculating P7.) $34.65 $36.30 $37.50 $39.95 $42.36