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Business, 08.04.2021 20:50 ghwolf4p0m7x0

Holtzman Clothiers's stock currently sells for $40.00 a share. It just paid a dividend of $1.75 a share (i. e., D0 = $1.75). The dividend is expected to grow at a constant rate of 7% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent. $ What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %

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