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8. Problem 9.13 constant Grown) ebook Problem Wan Through contin Corporation, which expected to pay a dividend of 1225 share at the end of the

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8. Problem 9.13 constant Grown) ebook Problem Wan Through contin Corporation, which expected to pay a dividend of 1225 share at the end of the year (275) and a bit of the free temaet premium for $19.00 hadits dividend is expected to grow one costante luming the maritim What does them with the stock the (that what a P7Do not round intermediate calculation round you to the nearestant 8. Problem 9.13 (Constant Growth) eBook Problem Walk-Through You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.25 a share at the end of the year (Du = $2.25) and has bete of 0.9. The risk-free rate is 4.3%, and the market risk premium is 4%, Justus currently sells for $49.00 a share, and its dividend is expected to grow at some constant rate, 9. Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years? (That is what is Ps) Do not round intermediate calculations. Round your answer to the nearest cent

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