Hat stock price is expected 1 year from now what is the, Financial Management

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Hat stock price is expected 1 year from now what is the

Harrison Clothiers' stock currently sells for $24 a share. It just paid a dividend of $2 a share (that is, D0 = 2). The dividend is expected to grow at a constant rate of 10% a year. a. What stock price is expected 1 year from now? Round your answer to two decimal places. b. What is the required rate of return? Round your answers to two decimal places.

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