Jack Hammer invests in a stock that will pay dividends of $3.11 at the end of the first year, $3 52 at the end of the second year, and $3.93 at the end of the third year Also, he believes that at the end ot the thed year he will be able to sell the stock for $61 for an approximate answer, but calculate your final answer using the formula and financial what is the present value of all future benefts if a discount rate of 11 percent is appled? Use Appendix B f Do not round intermediate calculations. Round your final answers to 2 decimal places) 3 52 393 6100 Total