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Constant growth valuation Harrison Clothiers' stock currently sells for $28 a share. It just paid a dividend of $3.25 a share (that is, D0 = 3.25). The dividend is expected to grow at a constant rate of 5% 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. %

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92253030

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