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Holtzman Clothiers's stock currently sells for $33,00 a share. It just paid a dividend of $1.00 a share ( L.e., Do =$1.00). The dividend is

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Holtzman Clothiers's stock currently sells for $33,00 a share. It just paid a dividend of $1.00 a share ( L.e., Do =$1.00). 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. 5 What is the required rate of retum? Do not round intermediate calculations. Round your answer to two decimal places

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