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FINANCE hapter 8 Homework Spring 2018 Question 7 (of 10) value: 10.00 points Lohn Corporation is expected to pay the following dividends over the next

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FINANCE hapter 8 Homework Spring 2018 Question 7 (of 10) value: 10.00 points Lohn Corporation is expected to pay the following dividends over the next four years: $18, $14, $10, and $5.50. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends the required return on the stock is 12 percent, what is the current share price? (Do not round intermediate calculationts and round your answer to 2 decimal places, e.g, 32.16.) forever. If Current share price Hints References eBook &Resources Hint#1

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