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Check My Work remaining Problem Walk-Through You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.00 share
Check My Work remaining Problem Walk-Through You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.00 share at the end of the year (Dj - $2.00) and has a beta of 0.9. The risk-free rate, and the markerk opremium is . Justus currently sells for $39.00 athare, and its dividend is expected to grow at some constant at Assuming the market is in equilibrium, what does the market beleve will be the stock price at the end of years? (That is what is B, Do not round intermediate calculations. Round your answer to the nearest cent
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