Constant Growth Valuation Waldkie Manufacturing's stock currently sele ter $25 a share. The stock just paid a dividend of $2.40 a share (m. Do - $2.40), and the dividend is expected to grow torever at a contot rate of 3% a year. What stock price is expected 1 year from now? Do not round Intermediate calculations. Round your answer to the nearest cont. $ What is the estimated required rate of retum on Woldtier's stock? Do not round Intermediate calculations. Round the answer to two decimal places (Assume the market is in equilibrium with the required return equal to the expected return)