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Holtzman Clothiers's stock currently sells for $ 2 2 . 0 0 a share. It just paid a dividend of $ 3 . 7 5

Holtzman Clothiers's stock currently sells for $22.00 a share. It just paid a dividend of $3.75 a share (i.e.,D0=$3.75). The dividend is expected to grow at a
constant rate of 3% 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.
%
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