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Hoiltarlan Cothiers's stock currently solts for 517.00a share. It just pald a dividend of 53.50 a share (1.6,00=53.50). The dividend is erpected to grow at

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Hoiltarlan Cothiers's stock currently solts for 517.00a share. It just pald a dividend of 53.50 a share (1.6,00=53.50). The dividend is erpected to grow at a constant fate of 50 s a yeat. What stock oriof is expected 1 year from now? Round your answer to the nearest cent. What is the required rate of return? Do not round inkermediate calculations. Round your answer fo two decirnal niaces

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