What stock price is expected 1 year from now what is the


CONSTANT GROWTH VALUATION

Holtzman Clothiers's stock currently sells for $27 a share. It just paid a dividend of $1.25 a share (i.e., D0 = $1.25). The dividend is expected to grow at a constant rate of 10% 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: What stock price is expected 1 year from now what is the
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