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27. Problem 9.03 (Constant Growth Valuation) ebook Holtzman Clothiers's stock currently sells for $24.00 a share. It just paid a dividend of $3.75 a share

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27. Problem 9.03 (Constant Growth Valuation) ebook Holtzman Clothiers's stock currently sells for $24.00 a share. It just paid a dividend of $3.75 a share (l. De - $3.75). The dividend is expected to grow at a constant rate of 10% a yea What stock price is expected 1 year from now? Round your answer to the nearest cent. 3 What is the required rate of return? Do not round intermediate calculation round your answer to two decimal places 5

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