Constant Growth Valuation

Woidtke Manufacturing's stock currently sells for $37 a share. The stock just paid a dividend of $1.75 a share (i.e., D0 = $1.75), and the dividend is expected to grow forever at a constant rate of 4% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent. $

What is the estimated required rate of return on Woidtke's stock? Do not round intermediate calculations. Round the answer to three decimal places. %