Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $2.00 a

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Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $2.00 a share (i.e., D0 = $2.00). The dividend is expected to grow at a constant rate of 9% 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. % ___

Posted Date: Jul 11, 2024 06:25 AM

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Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $2.00 a

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