Consider the three stocks, stock X, stock Y and stock Z, that have the following factor loadings (or factor betas). Stock Factor 1 Loading Factor 2 Loading -0.55 1.2 Y -0.96 0.65 z 0.35 0.5 The zero-beta return (lo) = 3%, and the risk premia are 11 = 10%, 12 = 8%. Assume that all three stocks are currently priced at $47. Calculate the expected price one year from now for stocks Y. (Keep 2 decimals)