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Please provide me with the answer that goes in the box above ^ You are considering an investment in Justus Corporation's stock, which is expected

image text in transcribedimage text in transcribedPlease provide me with the answer that goes in the box above ^

You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.75 a share at the end of the year (D1=$2.75) and has a beta of 0.9 . The risk-free rate is 2.5%, and the market risk premium is 5.0%. Justus currently sells for $44.00 a share, and its dividend expected to grow at some constant rate, g. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet 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 P3 ?) Round your answer to two decimal places. Do not round your intermediate calculations

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