Holtzman Clothiers's stock currently sells for $$22$ a share. It just paid a dividend of $$3\mathrm{.}75$ a share $($i$.$e$.,D_0=$$$3\mathrm{.}75).$ The dividend is expected to grow at a constant rate of $4\%$ a year.

a$.$ What stock price is expected $1$ year from now? Round your answer to two decimal places.

b$.$ What is the required rate of return? Round your answer to two decimal places. Do not round your intermediate calculations.

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