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The last dividend paid by Klein Company was $1.00. Klein's growth rate is expected to be a constant 19% for 2 years, after which dividends

The last dividend paid by Klein Company was $1.00. Klein's growth rate is expected to be a constant 19% for 2 years, after which dividends are expected to grow at a rate of 4% forever. Klein's required return (r_s) is 11%.

Calculate the current price of Klein's common stock

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