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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

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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 $42.25 Ob. $21.00 Oc $50.16 O d. $33.33 Oe $58.75 Continued from the previous question. What is the dividend yield of Klein's common stock in year 1? Select one: O a. 1.73% Ob. 2.00% 2.09% O d. 1.00% Oe 1.65% Continued from the previous question. You would expect the stock price to in one year. Select one: O a. Increase by 9.91% O b. Increase by 6.0% O c. Increase by 4.2% Od Decrease by 2.09% Oe. Decrease by 9.82%

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