Question: Video Excel Online Structured Activity: Constant growth You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.00

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

Video Excel Online Structured Activity: Constant growth You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.00 a share at the end of the year (D = $2.00) and has a beta of 0.9. The riske free rate is 3.5%, and the market risk premium is 4.0%. Justus currently sells for $35.00 a share, and its dividend is expected to grow at some constant rate, g. 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. X1 Open spreadsheet Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years? (That is what is P3 ) Round your answer to the decimal places. Do not round your intermediate calculations. Check My Work X] Excel template . Saved File Home Insert Data Review View Help Tell me what you want to do X Cut 10 . op * A. == ESSE Wrap Test Merge & Center Percentage S. % : 58 # 13 P BIUR Format Painter Foming Constant growth Expected year-end dividend (D) 200 350 Risk-free rate ) Markets premium (RP) Current stock price Market in eum 400% $35.00 10 Calculate required return 11 Required return on common stock 13 Calculate constant growth rates 14 Total rum on common sok 15 Expected dividend yield 16 Expected capital gains yield Calculate stock price in 3 years, P 19 Number of years from today 20 Calculate P, uang Po Avec 2 Colung des

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