What is required rate of return

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Holtzman Clothiers's stock currently sells for $27 a share. It just paid a dividend of $2 a share (i.e., D0 = $2). The dividend is expected to grow at a constant rate of 7% a year.

What stock price is expected 1 year from now? Round your answer to two decimal places. $

What is the required rate of return? Round your answer to two decimal places. Do not round your intermediate calculations. %

Reference no: EM131909532

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