Analysts expect Placer Corp. to pay shareholders $5.25 per share annually for the next five years. After that, the dividend will be $3.50 annually forever. Given a discount rate of 11.2%, what is the value of the stock today? $30.03$21.16$37.69$31.25 Question 13 The last dividend paid by Klein Company was $1.00. Klein's growth rate is expected to be a constant 25 percent for 2 years, after which dividends are expected to grow at a rate of 3.5 percent forever. Klein's required rate of return on equity (rs) is 12 percent. What is the current price of Klein's common stock? $6.47 $12.00 $17.53 $18.53