You are considering acquiring a common share of Sahali Shopping Center Corporation that you

would like to hold for $1$ year. You expect to receive both $$1\mathrm{.}40$ in dividends and $$50$ from the sale

of the share at the end of the year. The maximum price you would pay for a share today is

if you wanted to earn a $11\%$ return.

Multiple Choice

$$45\mathrm{.}05$

$$46\mathrm{.}31$

$$45\mathrm{.}75$

$$57\mathrm{.}75$