eBook Constant Growth Valuation Problem Walk-Through Crisp Cookware's common stock is expected to pay a dividend of $2.75 a share at the end of this year (D. - $2.75), its bets is 0.8. The risk tree rate is 4.9% and the market risk premium is 6%. The dividend is expected to grow at some constant rate 9, and the stock currently sells for $50 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 (ie, what is Psy? Do not round intermediate calculations, Round your answer to the nearest cent E 7 ited $