Save Submit Assignment for Grading Problem 7-16 (Constant Dividend Growth Valuation) Question 4 of 5 Check My Work (1 remaining) eBook Problem Walk-Through Constant Dividend Growth Valuation Crisp Cookware's common stock is expected to pay a dividend of $2.75 a share at the end of this year (D1 = $2.75); its beta is 0.6. The risk-free rate is 4.3% and the market risk premium is 5%. The dividend is expected to grow at some constant rate, 9L, and the stock currently sells for $50 a share. Assuming the market is in equilibrium, what does the market believe will be the stock's price at the end of 3 years (i.e., what is :)? Do not round intermediate calculations. Round your answer to the nearest cent. $ Check My Work (1 remaining) 0=Icon Key