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Crisp Cookware's common stock is expected to pay a dividend of $3 a share at the end of this year (D1=$3.00); its beta is 0.9.

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Crisp Cookware's common stock is expected to pay a dividend of $3 a share at the end of this year (D1=$3.00); its beta is 0.9. The risk-free rate is 4.7% and the market risk premium is 5%. The dividend is expected to grow at some constant rate, 9L and the stock currently seils 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 (i.e. what is P^3) ? Do not round intermediate caiculations. Round your answer to the nearest cent

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