Paris stock will pay annual dividends of $2.70,$3.27, and $4.99 in each of the next three years, with the first dividend payment occurring one year from today. You also expect a stock price of \$47.46 immediately after the stock pays its third annual dividend (i.e., exactly three years from today). Suppose the CAPM explains expected returns, the stock's beta is 1.1, the risk-free rate is 1.8%, and the expected return for the overall stock market is 8.2%. What should the stock price be in an efficient market? Round your answer to the nearest penny