Constant Growth Valuation Crisp Cookware's common stock is expected to pay a dividend of $1.75 a share at the end of this year (D1=$1.75); its beta is 0.6. The risk-free rate is 4.9% and the market risk premium is 5%. The dividend is expected to grow at some constant rate 9 , and the stock currently sells for $50 a share. Assuming the market is in equilbbrium, what does the market believe will be the stock's price at the end of 3 years (he., what is P3)? Do not round intermediate calculations. Round your onswer to the nearest cent