Holtzman Clothiers's stock currently sells for $15.00 a share. It just paid a dividend of $1.00 a share (lit., Do = $1.00). The dividendi is expected to grow at a constant rate of 5% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent What is the required rate of return? Do not round Intermediate calculations. Round your answer to two decimal places. %