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1. Harrison Clothiers stock currently sells for $79 a share. It just paid a dividend of $1 a share. The dividend is expected to grow

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1. Harrison Clothiers stock currently sells for $79 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? (1 point)

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