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Yeu are considering an imvestrnent in Justus Corporation's stock, which is expected to pay a dividend of $1.50 a share at the end of the

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Yeu are considering an imvestrnent in Justus Corporation's stock, which is expected to pay a dividend of $1.50 a share at the end of the year (D1=$1.50) and has a beta or 0.9. . The market is in equabrum, what does the market believe wil be the stock price at the end of 3 vears? (That is, what is P27 ) Do not round intermedlate caleulations, Found vour snswer to the nearest cent

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