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Unsure of how to solve this, showing step by step would be great Use the information to answer the following questions. The last dividend paid

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Unsure of how to solve this, showing step by step would be great

Use the information to answer the following questions. The last dividend paid by Klein Company was $1.00. Klein's growth rate is expected to be a constant 5% for 2 years, after which dividends are expected to grow at a rate of 10% forever. Klein's required rate of return on equity is 12%. What should be the current price of Klein's common stock? Select one: O a $50.16 b. $33.33 OC. $42.25 d. $21.00 e. $58.75

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