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Lohn Corporation is expected to pay the following dividends over the next four years: $13, $10, $6, and $3. Afterward, the company pledges to maintain

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Lohn Corporation is expected to pay the following dividends over the next four years: $13, $10, $6, and $3. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price? Multiple Choice $46.04 $47.18 $48.46 $55.57 $49.91

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