The maximum height reached by the stream can be calculated using the kinematic equation for projectile motion:
\[
v_y^2 = v_{y0}^2 - 2 g h
\]
Where:
- \( v_y = 0 \) m/s is the final vertical velocity at the maximum height,
- \( v_{y0} = 50 \times \sin(45^\circ) = 50 \times \frac{\sqrt{2}}{2} = 35.36 \, \text{m/s} \) is the initial vertical velocity,
- \( g = 9.81 \, \text{m/s}^2 \) is the acceleration due to gravity,
- \( h \) is the maximum height.
Substituting the values:
\[
0 = (35.36)^2 - 2 \times 9.81 \times h
\]
\[
h = \frac{(35.36)^2}{2 \times 9.81} = \frac{1250.4}{19.62} \approx 63.9 \, \text{m}
\]
Thus, the maximum height reached by the stream is \( \boxed{63.90} \, \text{m} \).