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Holtzman Clothiers's stock currently sells for $ 2 9 a share. It just paid a dividend of $ 1 . 7 5 a share (

Holtzman Clothiers's stock currently sells for $29 a share. It just paid a dividend of $1.75 a share (i.e.,D0=$1.75). The dividend is expected to grow at a constant rate of 5% a year.
a. What stock price is expected 1 year from now? Round your answer to two decimal places. $
b. What is the required rate of return? Round your answer to two decimal places. Do not round your intermediate calculations.
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