Suppose you are thinking of purchasing the stock of XYZ Electronics, Inc. In addition to the dividend and price

from year one and two you expect it to pay a $$5\mathrm{.}29$ dividend in three years. You believe you can sell the

stock for $$33\mathrm{.}06$ at that time. You require a return of $4\%$ on investments of this risk. What is the maximum

you would be willing to pay?