Krogh Co.’s stock price is $40 per share, and its expected year-end dividend is $2.40 a

Krogh Co.’s stock price is $40 per share, and its expected year-end dividend is $2.40 a share (D1 = $2.40). The stock’s required return is 10.00%, and the dividend is expected to grow at a constant rate forever. What is the expected price of the stock 3 years from now?