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Holtzman Clothiers's stock currently sells for $28.00 a share. It just paid a dividend of $2.25 a share (t.e, D0=$2.25 ). The dividend is expected

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Holtzman Clothiers's stock currently sells for $28.00 a share. It just paid a dividend of $2.25 a share (t.e, D0=$2.25 ). The dividend is expected to grow at a constant rate of 5% a vear. What stock price is expected 1 year from now? Alound your answer to the nearest cent. What is the required rate of return? De not round intermediate calculations, Round your answer to two dedimal places

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