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You expect KT Industries ( KTI ) will have earnings per share of $ 4 . 1 this year and expect that they will pay

You expect KT Industries(KTI) will have earnings per share of $4.1
this year and expect that they will pay out $1.971.97
of these earnings to shareholders in the form of a dividend.KTI's return on new investments is 1212%,
and their equity cost of capital is16%.
Question content area bottom
KTI's dividend growth rate is ------?
(Round to two decimalplaces)
IfKTI's dividend growth rate will remainconstant, andKTI's next year dividend is $2.09
ThenKTI's current stock price should be -----?
(Round to two decimalplaces)

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