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Holtaman Cothiers's stock currently sells for $21.00 a share. It just paid a dividend of $3.25 a share (6.e,D2=$3.25), The dividend is expected to grow

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Holtaman Cothiers's stock currently sells for $21.00 a share. It just paid a dividend of $3.25 a share (6.e,D2=$3.25), The dividend is expected to grow at a constant rate of 47 a year What stock price is expected 1 yesr from now? Reund your answer to the nearest cent. 5 What is the required rate of retum? Do not round intermediate calculatiens: Hound your answer to two decimal places

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