you are considering investing your money in stock ABC for one year. You expect to receive $1.03 in dividends and $34.27 from the sale of the stock at the end of the investment period. if you want to earn 15% return from this investment, what is the highest price you would pay for the stock today?

(please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer)

the maximum price you would pay for the stock today is $___