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please andwer the question in the first picture, stock price at the end of 3 years? Excel Online Structured Activity: Constant growth You ore considering

please andwer the question in the first picture, stock price at the end of 3 years?
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Excel Online Structured Activity: Constant growth You ore considering an investment in Justus Corporation's stock, which is expected to pay a dividend of s1.75 a.share at the end of the year (D1=$1.75) and has a beta of 0,9 . The risk-free rate is 5.3%, and the market risk premium is 5.0%. Justus currenty sell5 for $39,00 a share, and its dividend is expected to grow at some constant rate, g. The data has been coliected in the Microsoft Excel Online file below. Open the spreadshent and perform the required analysis to answer the question below. Assuming the market is in equalibrium, what does the market betieve will be the stock price at the end of 3 years? (That is, what is P^1 ?) Round your answer to two decimal places: Do notround your intermediate caiculations. 22 Alternative calculation: 23 Calculate P3 using dividends TIN/A

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