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Lohn Corporation is expected to pay the following dividends over the next four years $15. $11 $7, and $3 Afterward, the company pledges to
Lohn Corporation is expected to pay the following dividends over the next four years $15. $11 $7, 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 16 percent, what is the current share price? Multiple Choice O O $4365 O O $42.57 54615 e to search $52.39 $4481 II A 21
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