Holtzman Clothiers's stock currently sells for $28 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 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. %