CONSTANT GROWTH Ouanta Inc. has

a beta of $1\mathrm{.}5.$ The risk premium Is $//$o and the riSk$-$tree rate IS J$/$o$.$ Assuming that the market $1$s

equilibrium and the stock currentlv sells for $$30$ a share, Ouanta just

paid $$2$ dividend this vear and the dividend is expected to grow at a

constant rate g$.$ What does the market believe will be the stock price al

the end of $2$ years?$10-13$ CONSTANT GROWTH Quanta Inc. has a beta of $1\mathrm{.}5.$ The market risk

premium is $7\%$ and the risk$-$free rate is $3\%.$ Assuming that the market is

in equilibrium and the stock currently sells for $$30$ a share, Quanta just

paid $$2$ dividend this year and the dividend is expected to grow at a

constant rate $g.$ What does the market believe will be the stock price at

the end of $2$ years?