Harrison clothiers stock currently sells for 29 a share it


Harrison Clothiers' stock currently sells for $29 a share. It just paid a dividend of $2.5 a share (that is, D0 = 2.5). The dividend is expected to grow at a constant rate of 3% 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.

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Financial Management: Harrison clothiers stock currently sells for 29 a share it
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