Use the information to answer the following questions. The last dividend paid by Klein Company was $2.00. Klein's growth rate is expected to be a constant 2% for 2 years, after which dividends are expected to grow at a rate of 8% forever. Klein's required rate of return on equity is 13%. What should be the current price of Klein's common stock?

Group of answer choices

$38.63

$33.33

$58.75

$50.16

$42.25