What stock price is expected 1 year from now round your, Financial Management

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What stock price is expected 1 year from now round your

Harrison Clothiers' stock currently sells for $16 a share. It just paid a dividend of $1 a share (that is, D0 = 1). The dividend is expected to grow at a constant rate of 6% 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.

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