Suppose you hold a share of stock A with beta of 2. You expect to recevie $3 per year as divdends for the next 3 years. You also expect the stock to be priced at $50 at the end of year 3. Risk-free rate is 3% and expected market return is 5%. What is the price of stock A today?

40.5249

36.5788

34.1351

39.4846

48.6878