Question: I got 50.16 for the first part, just need help with 7,8,9 thank you! Use the information to answer the following questions. The last dividend


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: a. $21.00 b. $58.75 c. $33.33 d. $42.25 e. $50.16 Question 7 Not yet answered Points out of 5 Flag question Continued from previous question. What is the dividend yield of Klein's common stock in year 1? Select one: O a. 1.65% b. 1.73% c. 1.00% d. 2.00% e. 2.09% Question 8 Not yet answered Points out of 5 P Flag question Continued from previous question. You would expect the stock price to in one year. Select one: a. Decrease by 9.82% b. Increase by 9.91% c. Increase by 6.0% d. Decrease by 2.09% e. Increase by 4.2% Question 9 Not yet answered Points out of 5 P Flag question Continued from previous question. You will sell the stock if the estimated return on this stock is Select one: a. Smaller than 18.00% b. Larger than 13.00% c. Smaller than 10.00% d. Smaller than 17.00% e. Larger than 16.00%
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