*ONLY DO THE 2ND QUESTION!

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: o a $50.16 Ob $58.75 Oc $42.25 Od $33.33 $21.00 O e. Clear my choice Continued from the previous question. What is the dividend yield of Klein's common stock in year 1? Select one: O a. 1.73% Ob 2.09% O c. 1.00% Od 2.00% 1.65%