What stock price is expected 1 year from now

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Harrison Clothiers' stock currently sells for $20 a share. It just paid a dividend of $1.00 a share (that isD0 = $1.00). The dividend is expected to grow at a constant rate of 6 percent a year. What stock price is expected 1 year from now? What is the required rate of return?

Reference no: EM13297398

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