What is required rate of return

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Explain the process of downloading the dPosted queshtion before and was answered wrong i really need correct answer for this please.

Holtzman Clothiers's stock currently sells for $34 a share. It just paid a dividend of $4 a share (i.e., D0 = $4). The dividend is expected to grow at a constant rate of 10% a year.

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

$ ANSWER

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

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Reference no: EM131921058

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