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can anyone answer Rssgranti 9 Ohapter 9 End-of-Chapker Problens Bick ta Assigriment Aithersets Keep the Highant it 10 3. Rrublem 9.17 (Comstant Eruwth) You are

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Rssgranti 9 Ohapter 9 End-of-Chapker Problens Bick ta Assigriment Aithersets Keep the Highant it 10 3. Rrublem 9.17 (Comstant Eruwth) You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.25 a sibare at the end of the year (O1= \$2.25) and has a beta of 0,9 . The risk-free rate is 3.8%, and the market risk premium is 6%. Justus currently seils for 541.00 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 P^2 ?) Do not round intermediate calculations. Round your answer to the nearest cent

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