Click here to read the eBook: Constant Growth Stocks CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $1.3 per share dividend at the end of the year (i.e., D: = $1.3). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 11%. What is the stock's current value per share? Round your answer to two decimal places. Holtzman Clothiers's stock currently sells for $34 a share. It just paid a dividend of $3.5 a share (.e., Do = $3.5). The dividend is expected to grow at a constant rate of 3% a year. a. What stock price is expected 1 year from now? Round your answer to two decimal places. b. What is the required rate of return? Round your answer to two decimal places. Do not round your intermediate calculations. %