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Constant Growth Valuation Crisp Cookware's common stock is expected to pay a dividend of $2.5 a share at the end of this year (D: -

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Constant Growth Valuation Crisp Cookware's common stock is expected to pay a dividend of $2.5 a share at the end of this year (D: - $2.50). its beta is 0.6. The risk-free rate is 5.9% and the market risk premium is 5%. The dividend is expected to grow at some constant rate 9, and the stock currently sells for $80 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 (.e., what is Ps? Do not round intermediate calculations. Round your answer to the nearest cent

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