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Excel Online Structured Activity: Constant growth You ore considering an investmentin Justus Corporation's stock, which is expected to pay a dividend of 51.75 a share

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Excel Online Structured Activity: Constant growth You ore considering an investmentin Justus Corporation's stock, which is expected to pay a dividend of 51.75 a share at the end of the year (01=$1.75) and has a beta of 0,9 . The risk-free rate is 5.3%, and the market risk premium is 5.0%6. Justus currently sell5 for $39.00 a share, and its dividend is expected to grow at some opnstant rate, 9 . The data has been coliected in the Microsoft Excel Online file below. Open the spreadstheat and perform the required analysis to answer the question below. 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 P^3 ?) Round your answer to two decimal places: Do not round your intermediate calculations. 5 18 Calculate stock price in 3 years, P5 : 19 Number of years from today 3 20 Calculate P3 using P0 21 22 Alternative calculation: 23 Calculate P3 using dividends FINIA Excel Online Structured Activity: Constant growth You ore considering an investmentin Justus Corporation's stock, which is expected to pay a dividend of 51.75 a share at the end of the year (01=$1.75) and has a beta of 0,9 . The risk-free rate is 5.3%, and the market risk premium is 5.0%6. Justus currently sell5 for $39.00 a share, and its dividend is expected to grow at some opnstant rate, 9 . The data has been coliected in the Microsoft Excel Online file below. Open the spreadstheat and perform the required analysis to answer the question below. 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 P^3 ?) Round your answer to two decimal places: Do not round your intermediate calculations. 5 18 Calculate stock price in 3 years, P5 : 19 Number of years from today 3 20 Calculate P3 using P0 21 22 Alternative calculation: 23 Calculate P3 using dividends FINIA

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