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Will leave a like, thanks! 1 Holtzman Clothiers's stock currently sells for $36.00 a share. It just paid a dividend of $2.75 a share (l.e.,
Will leave a like, thanks! 1
Holtzman Clothiers's stock currently sells for $36.00 a share. It just paid a dividend of $2.75 a share (l.e., Do = $2.75). 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, % Step by Step Solution
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