You are considering en investment in Justus Corporation's stock, which is expected to pay o dividend of $1.50 a shore at the end of the year (O1=$1.50) and has a beta of 0.9 . The risk-free rate is 5.6%, and the market risk premium is 5.5%. Justus currently sels for $22.00 a share, and iss dividend is expected to grow at some constant rate, 9 . Assuiming the market is in equilarium, what does the market believe will be the stock price at the end of 3 years? (That is, what is P^1 ) Do not round intermediate calculations, Round your onswer to the neareut cent