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3. Problem 9.03 (Constant Growth Valuation) eBook Holtzman Clothiers's stock currently sells for $33.00 a share. It just paid a dividend of $3.50 a share

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3. Problem 9.03 (Constant Growth Valuation) eBook Holtzman Clothiers's stock currently sells for $33.00 a share. It just paid a dividend of $3.50 a share (.e, Do = $3.50). The dividend is expected to grow at a constant rate of 3% 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. Grade It Now Save & Continue Continue without saving

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