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Holtzman Clothiers's stock currently sells for $20.00 a share. It just paid a dividend of $2.25 a share (i.e., Do - $2.25). The dividend is

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Holtzman Clothiers's stock currently sells for $20.00 a share. It just paid a dividend of $2.25 a share (i.e., Do - $2.25). The dividend is expected to grow at a constant rate of 4% a year. What stock price is expected I 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. IN

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