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You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $ 2 . 2 5 a share at
You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $ a share at the end of the year D $ and has a beta of The riskfree rate is and the market risk premium is Justus currently sells for $ a share, and its dividend is expected to grow at some constant rate, g Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of years? That is what is P Round your answer to two decimal places. Do not round your intermediate calculations.
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