1. Holtzman Clothiers's stock currently sells for $32.00 a share. It just paid a dividend of $1.25 a share (Le, Do $1.25). The dividend is expected to grow at a constant rate of 6% a year.

a). What stock price is expected 1 year from now? Round your answer to the nearest cent

b). What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.

2. Temaining eBook Tresnan Brothers is expected to pay a $2.80 per share dividend at the end of the year (.e., Di $2.80). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, fa. is 7%.

What is the stock's current value per share? Round your answer to the nearest cent.

Please do not copy from Chegg. Otherwise i have to report the answer.