Holtzman clothiers stock currently sells for 22 a share it, Ask an Expert

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Holtzman Clothiers' stock currently sells for $22 a share. It just paid a dividend of $3 a share (i.e., D0 = $3). The dividend is expected to grow at a constant rate of 8% 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.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92412153

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