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The country is in the grip of a pandemic crisis that is expected to last for three more years. The national retailer company, GoBuy is

The country is in the grip of a pandemic crisis that is expected to last for three more years. The national retailer company, GoBuy is experiencing stellar economic performance from massive buying from a nervous population. GoBuy just paid a dividend of $1.00/share but expects to grow that by 6% during the time of the pandemic crisis. Afterwards, growth will tilt heavily back to 1.5%. The beta for GoBuy is 0.8, the RFR is 1%, and the market return is 5%. What is the fair value for GoBuy stock today?

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