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Hoitzman Clothiers's stock currently sefis for $18.00 a share, It just paid a dividend of $3.00 a share (f.ev, D0$3.00 ), The dividend is expected

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Hoitzman Clothiers's stock currently sefis for $18.00 a share, It just paid a dividend of $3.00 a share (f.ev, D0$3.00 ), The dividend is expected to grow at a constant rate of 4% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent. s. What is the required rate of return? Do not round intermediat of calculations. Round your answer to two decimal plachs

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