3. Problem 9.03 (Constant Growth Valuation) eBook Holtzman Clothiers's stock currently sells for $36.00 a share. It just paid a dividend of $2.75 a share (ie, Do-$2.75). The dividend is expected to grow at a constant rate of 5% a year What stock price is expected 1 year from now? Round your answer to two decimal places, $ What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. Grade it Now Save & Continue Continue without saving