You have been researching a company and have estimated that the firm's stock will sell for $$48$ a share one year from now. You also estimate the stock will have a dividend yield of $3\mathrm{.}50$ percent.

How much are you willing to pay per share today to purchase this stock if you desire a total return of $16$ percent on your investment? Use the same formula as in question $3.$

Group of answer choices

$$39\mathrm{.}34$

$$42\mathrm{.}67$

$$49\mathrm{.}50$

$$53\mathrm{.}67$

None