Broke question into two parts for a closer look. Please find answer. Thank you for your help!

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 (Di = 32.1 4.5\%. Justus currently selis for. 546.00 a share, and its dividend is expected to grow at some constant rate, 9 . Assuming the market is in equilibrium, is P^3 ?) Do not round intermediate calculations. Round your answer to the nearest cent. d to pay a dividend of $2.25 a share at the end of the year (D1$2.25) and has a beta of 0.9. The risk-free rate is 3.1%, and the markat risx prominum is ow at some constant rate, 9 . Assuming the market is in equilibrium, what does the market bellave will be the stock price at the end of a vears? (that li. afat ticent