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Suppose the goddess tells you the following information about a stock: Year Dividend 1 $1 2 $3 3 $4 She also tells you that the

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Suppose the goddess tells you the following information about a stock: Year Dividend 1 $1 2 $3 3 $4 She also tells you that the stock will sell for $55 at three years from now. If you require a 16% return to invest in this stock, what do you expect the price of the stock to be one year from now (P1)? Answer to 2 decimal places, for example 49.12

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