What is the current price of klein

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The last dividend paid by Klein Company was $1.00. Klein's growth rate is expected to be a constant 6 percent for 2 years, after which dividends are expected to grow at a rate of 4 percent forever. Klein's required rate of return on equity (rs) is 12 percent. What is the current price of Klein's 105 common stock? 106 13.25 107 13.49 108 11.67 + 109 13.00

Reference no: EM133071699

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