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Holtzman Clothiers's stock currently sells for $ 1 8 . 0 0 a share. It just paid a dividend of $ 2 . 2 5

Holtzman Clothiers's stock currently sells for $18.00 a share. It just paid a dividend of $2.25 a share (i.e., D0= $2.25). The dividend is expected to grow at a constant rate of 8% a year.
What stock price is expected 1 year from now? Round your answer to the nearest cent.
$

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