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Lohn Corporation is expected to pay the following dividends over the next four years: $11,$8,$4, and $1. Afterward, the company pledges to maintain a constant

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Lohn Corporation is expected to pay the following dividends over the next four years: $11,$8,$4, and $1. Afterward, the company pledges to maintain a constant 3 percent growth rate in dividends forever. If the required return on the stock is 9 percent, what is the current share price? Multiple Choice $31.14 $32.58 $33.77 $32.78 $41.78

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