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KL Industries common stock is currently trading for $25.00 per share. The stock is expected to pay a $2.50 dividend at the end of

KL Industries common stock is currently trading for $25.00 per share. The stock is expected to pay a $2.50 dividend at the end of the year and KL Industries has an equity cost of capital of 14%. If the dividend payout rate is expected to remain constant, then the expected growth rate in the firm's earnings is closest to: 0.5% 2.0% 4.0% 6.0% 7.5%

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