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Lohn Corporation is expected to pay the following dividends over the next four years: $13, $9, $5, and $4. 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, $9, $5, and $4. 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? $61.60 $55.45 $5712 $53.58 $52.68

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