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2 8 . stetsons current stock price is 3 9 , and its expected dividend was 2 . 0 3 . in view of stetsons

28. stetsons current stock price is 39, and its expected dividend was 2.03. in view of stetsons strong financial position and its low risk, its beta is only 0.82. the risk free rate is 2.6 and the market risk premium is 5.6. if dividends are expected to grow at a constant rate of g in the future, then what is stetsons expected stock price 6 years from now?

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