Terminal value

Reliable Motors shares are expected to pay dividends of $$2\mathrm{.}00,$$$1\mathrm{.}15,$ and $$1\mathrm{.}20$ at the end of each of the next

years, respectively. The investor expects the price of the shares at the end of this $3-$year holding period to be $$60\mathrm{.}00.$

The investor's required rate of return is $11\mathrm{.}5\%.$ Calculate the current value of Reliable's shares.