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Harrison Clothiers' stock currently sells for $24 a share. The stock just paid a dividend of $1.20 a share. The dividend is expected to

 

Harrison Clothiers' stock currently sells for $24 a share. The stock just paid a dividend of $1.20 a share. The dividend is expected to grow at a constant rate of 12 percent a year. What stock price is expected 1 year from now?

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