Homework answers / question archive / Harrison Clothiers' stock currently sells for $34 a share

Harrison Clothiers' stock currently sells for $34 a share

Finance

Share With

Harrison Clothiers' stock currently sells for $34 a share. It just paid a dividend of $1 a share. The dividend is expected to grow at a constant rate of 6% a year. What is the required rate of return? What stock price is expected 1 year from now?