Holtzman Clothiers's stock currently sells for $32.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = $2.2

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answerhappygod
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Holtzman Clothiers's stock currently sells for $32.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = $2.2

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Holtzman Clothiers's stock currently sells for $32.00 a share.It just paid a dividend of $2.25 a share (i.e., D0 = $2.25). Thedividend is expected to grow at a constant rate of 5% a year. Whatstock price is expected 1 year from now? Round your answer to thenearest cent. $ What is the required rate of return? Do not roundintermediate calculations. Round your answer to two decimalplaces.
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