Check My Work (3 remaining) eBook Holtzman Clothiers's stock currently sells for $32.00 a share. It just paid a dividend of $2.00 a share (i.e., Do = $2.00). The dividend is expected to grow at a constant rate of 4% 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. % Check My Work (3 remaining) 0 Icon Key Problem 9.03 (Constant Growth Valuation) Question 10 of 20 Save Submit Assignment for Grading