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Holtzman Clothiers's stock currently sells for $35.00 a share. It just paid a dividend of $1.75 a share (1.6, Do = $1.75). The dividend is

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Holtzman Clothiers's stock currently sells for $35.00 a share. It just paid a dividend of $1.75 a share (1.6, Do = $1.75). The dividend is expected to grow at a constant rate of 4% 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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