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please help and round accordingly! Holtzman Clothiers's stock currently sells for $15.00 a share. It just paid a dividend of $2.25 a share (i.e., D0=$2.25
please help and round accordingly!
Holtzman Clothiers's stock currently sells for $15.00 a share. It just paid a dividend of $2.25 a share (i.e., D0=$2.25 ). 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. % Step by Step Solution
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