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Lohn Corporation is expected to pay the following dividends over the next four years: $10, $7, $5, and $3. Afterward, the company pledges to maintain

Lohn Corporation is expected to pay the following dividends over the next four years: $10, $7, $5, and $3. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 15 percent, what is the current share price?

A. 40.72

B. $43.19

C. $39.84

D. $41.93

E. $48.94

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