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could really use done help! thank you MINDTAP Q Search this cour vity: Constant growth 1 Video Excel Online Structured Activity: Constant growth You are
could really use done help! thank you
MINDTAP Q Search this cour vity: Constant growth 1 Video Excel Online Structured Activity: Constant growth You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.50 a share at the end of the year (D. = $2.50) and has a beta of 0.9. The risk-free rate is 4.9%, and the market risk premium is 5.5%. Justus currently sells for $44.00 a share, and its dividend is expected to grow at some constant rate, o The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. HARI X Open spreadsheet Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years? (That is, what is , ) Round your answer to two decimal places. Do not round your intermediate calculations, Check My Work Reset Step by Step Solution
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