Holtzman Clothiers's stock currently selis for $16.00 a share. It just paid a dividend of $3.50 a share (i.e., Do =$3.50). The dividend is expected to grow at a constant rate of 79 a year. What stock orice i5 expected 1 year from now? Round your answer to two decimal ploces. 5 What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.25 a share at the end of the year (D1= \$2.25) and has a beta of 0.9 . The risk-free rate is 4.7%, and the market risk premium is 6.0%. Justus currently sells for $47.00 a 5 hare, and its alvidend is expected to grow at some constant rate, 9 . Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years? (That is; what is P3 ) Do not round intermed ate caiculations. Round your answer to the nearest cent