1- DPS calculation

Weston Corporation just paid a dividend of $3.75 a share (i.e., D0 = $3.75). The dividend is expected to grow 12% a year for the next 3 years and then at 5% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to two decimal places.

D1 = $ ?
D2 = $ ?
D3 = $ ?
D4 = $ ?
D5 = $ ?

2- Constant growth valuation

Holtzman Clothiers' stock currently sells for $15 a share. It just paid a dividend of $3.75 a share (i.e., D0 = $3.75). The dividend is expected to grow at a constant rate of 4% 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 answers to two decimal places. Do not round your intermediate calculations.