2. Problem 9.02 (Constant Growth Valuation) eBook Tresnan Brothers is expected to pay a $3.30 per share dividend at the end of the year (i.e., D1 = $3.30). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 6%. What is the stock's current value per share? Round your answer to the nearest cent. $ Holtzman Clothiers's stock currently sells for $36.00 a share. It just paid a dividend of $4.00 a share (i.e., Do = $4.00). The dividend is expected to grow at a constant rate of 7% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent. $ What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %