Business, 16.06.2021 19:00 kawtharALSAMARY

Holtzman Clothiers's stock currently sells for $38 a share. It just paid a dividend of $1.5 a share (i. e., D0 = $1.5). The dividend is expected to grow at a constant rate of 4% a year. Required:
a. What stock price is expected 1 year from now?
b. What is the required rate of return?

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Holtzman Clothiers's stock currently sells for $38 a share. It just paid a dividend of $1.5 a share...