Question: Excel Online Structured Activity: Constant growth You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.75 o

Excel Online Structured Activity: Constant growth You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.75 o share at the end of the ycar ( D1 = $2.75 ) and has a beto of 0.9 . The risk-free rate is 5.4%, and the market risk premlum is .4.0%. Justus currently selis for $42.00 a share, and its dividend is expected to grow at some constant rate, 9 . The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet Assuming the market is in equilibrlum, what does the market believe wil be the stock grice at the end of 3 years? (That is, what is P,?) Found youf answer to two decimal places. Do not round your intermediate calculations
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