3. Problem 9.03 (Constant Growth Valuation) ES grow eBook Holtzman Clothiers's stock currently sells for $25.00 a share. It just paid a dividend of $1.75 a share (.., Do - $1.75). The dividend is expected at a constant rate of 6% a year. What stock price is expected 1 year from now? Round your answer to the nearest cant. $ What is the required rate of return? Do not round Intermediate calculation, Round your answer to two decimal places. % Grade it Now Save & Continue Continue without saving