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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

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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? Select one: O a. $50.16 O b. $58.75 O c. $42.25 d. $38.63 e. $33.33 Continued from previous question. What is the dividend yield of Klein's common stock in year 1? Select one: O a. 4.65% O b. 1.73% O c. 1.00% O d. 2.09% O e. 5.28% Continued from previous question. You would expect the stock price to in one year. Select one: a. Decrease by 9.82% O b. Decrease by 2.09% O c. Increase by 7.72% d. Increase by 4.2% e. Increase by 9.91%

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