Holtzman clothierss stock currently sells for 37 a share


Holtzman Clothiers's stock currently sells for $37 a share. It just paid a dividend of $4 a share (i.e., D0 = $4). The dividend is expected to grow at a constant rate of 6% 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 answer to two decimal places. Do not round your intermediate calculations. %

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Financial Management: Holtzman clothierss stock currently sells for 37 a share
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