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Genma Corp. is expected to pay the following dividends over the next four years: $10.90, $8.25,$1 and $1.80. Afterward, the company pledges to maintain a

Genma Corp. is expected to pay the following dividends over the next four years: $10.90, $8.25,$1 and $1.80. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends, forever. If the required return is 14 percent, what is the current share price? Multiple Choice $34.90 $38.18 $31.06 $32.30

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