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Holtzman Clothiers's stock currently sells for $28.00 a share. It just paid a dividend of $3.25 a share (l.e., Do= $3.25). The dividend is expected

Holtzman Clothiers's stock currently sells for $28.00 a share. It just paid a dividend of $3.25 a share (l.e., Do= $3.25). The dividend is expected t

constant rate of 6% a year.

What stock price is expected 1 year from now? Round your answer to the nearest cent.

$

What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.

%

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