You expect Bailey Company's common stock to pay a dividend of $2.40 one year from now. You can buy the stock now for $52, and you plan to sell the stock at the end of one year. Given the risk of the stock, your required rate of return is 12%. For what price would you need to sell your stock in one year in order to earn your required rate of return? O $57.92 O $54.80 O $55.84 O $57.40 $56.88