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Expected Stock Price Assignment

Author:
February 19th, 2020

Holtzman Clothiers's stock currently sells for $18.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = $2.25). The dividend is expected to grow at a constant rate of 5% 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. Get Finance homework help today

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