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- The last dividend paid by Klein Company was $1.00. - Klein's growth rate is expected to be a constant 20% for 3 years, after

image text in transcribed - The last dividend paid by Klein Company was $1.00. - Klein's growth rate is expected to be a constant 20\% for 3 years, after which dividends are expected to grow at a rate of 5% forever. - Klein's required rate of return on equity is 10%. What should be the current price of Klein's common stock? $21.00 $58.75 $42.25 $30.84 $50.16

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