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Crisp Cookware's common stock is expected to pay a dividend of $ 2 . 7 5 a share at the end of this year (
Crisp Cookware's common stock is expected to pay a dividend of $ a share at the end of this year D $; its beta is The riskfree rate is and the market risk premium is The dividend is expected to grow at some constant rate, gL and the stock currently sells for $ a share. Assuming the market is in equilibrium, what does the market believe will be the stock's price at the end of years ie what is P Do not round intermediate calculations. Round your answer to the nearest cent.
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