Constant Dividend Growth Valuation Crisp. Cookware's common stock is expected to pay a dividend of $2.25 a share at the end of this year (D1=$2.25); its beta is 0.9 . The risk-free rate is 3.7% and the market risk premium is 6%%. The dividend is expected to grow at some constant rate, 9L, and the stock currently sells for $50 a share. Assuming the market is in equilibrium, what does the market believe will be the stock's price at the end of 3 years (i.e., what is P3) ? Do not round intermediate calculations. Round your answer to the nearest cent