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ER eBook Holtzman Clothiers's stock currently sells for $39.00 a share. It just paid a dividend of $3.75 a share (i.e., Do $3.75). The dividend

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ER eBook Holtzman Clothiers's stock currently sells for $39.00 a share. It just paid a dividend of $3.75 a share (i.e., Do $3.75). The dividend is expected to grow constant rate of 5% 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, %

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