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Holtzman Clothiers's stock currently sells for $40.00 a share. It just palda dividend of $3.50 a share (.e., Do - $3.50). The dividend is expected

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Holtzman Clothiers's stock currently sells for $40.00 a share. It just palda dividend of $3.50 a share (.e., Do - $3.50). The dividend is expected to grow at a constant rate of 3% 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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