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Holtzman Clothiers's stock currently sells for $18.00 a share. It just poid a dividend of $1.25 a share ( 0.e,O0=$1.25). The dividend is expected to

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Holtzman Clothiers's stock currently sells for $18.00 a share. It just poid a dividend of $1.25 a share ( 0.e,O0=$1.25). The dividend is expected to grow at a constant rate of 9% a year. What stock price is expected 1 year from now? Round your answer to the neorest cient. $ What is the required rate of return? Do not round intermediate calculations. Round your answer to two decimal ploces

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