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6 eBook Holtzman Clothiers's stock currently sells for $40.00 a share. It just paid a dividend of $3.25 a share (i.e., Do = $3.25). The

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6 eBook Holtzman Clothiers's stock currently sells for $40.00 a share. It just paid a dividend of $3.25 a share (i.e., Do = $3.25). The o dividend is expected to grow at a constant rate of 9% 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. %

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