Constant growth valuation

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Constant growth valuation

Harrison Clothiers' stock currently sells for $26 a share. It just paid a dividend of $1.25 a share (that is, 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 answers to two decimal places. %

Reference no: EM131327691

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