fo=B3*(1+816)*819/(811-816) A D E G H N 4 $2.75 0.90 4.50% 6 4.50% $44.00 Yes Formulas 8.5556 =B5:36 04 1 2 * Expected year-end dividend (D1) Beta coefficient Risk free rate (RF) 5 Market risk premium (RPM) 7 Current stock price (Pol 8. Market in equilibrium 9 10 Cakulte required return; 11 Required return on common stock 12 13 Cakulerte constant growth rote, : 14 Total return on common stock 15 Expected dividend yield 16. Expected capital gains yield 17 18 Cakukte stock price in 3 years, P; Number of years from today 20. Calculate P3 using Po 21 22 Alternative calculation: 23 Calculate Pg using dividends 24 R5596 6.2590 12.30 11 =83/87 =B14-15 19 3 $47.11 =B71B16 B19 =B3(1816) B19/811-816) You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $1.50 a share at the end of the year (0 - $1.50) and has a beta of 0.9. The risk-free rate is 4.1%, and the market risk premium is 4.0%. Justus currently sells for $31.00 a share, and its dividend is expected to grow at some constant rate, a. The date has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. X Open spreadsheet 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 By Round your answer to two orcimet bacon Do not round your intermediate calculations