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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 (D: - $3.00); its beta

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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 (D: - $3.00); its beta is 0.75; the risk free rate is 5.4%; and the market risk premium is 5%. The dividend is expected to grow at some constant rate 9, and the stock currently sells for $35 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, )? Do not round intermediate steps. Round your answer to the nearest cent. $

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