Lohn Corporation is expected to pay the following dividends over the next four years: $8. $6, $3, and $2. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? Multiple Choice $45.38 $38.92 $37.02 $37.79

Lohn Corporation is expected to pay the following dividends over the next four years: $8.$6,$3, and \$2. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? Multiple Choice $4538 $38.92 $37.02 $3779