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taltations. Round pifur anseer to the cearest swe, You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of
taltations. Round pifur anseer to the cearest swe, You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.00 a share at the end of the year (D1=$2.00) and has a beta of 0.9. The risk.free rate is 2.7%, and the market risk premium is 6%. Justus currently sels for 348.00 a share, and its dividend is expected to grow at some constant rate, 9 . Assuming the market is in equilibrim, what does the market believe wiul be the stock price at the end of 3 years? (That is, what is P^3 ) Do not round intermediate calculations. Round your answer to the mearest cent
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