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Lohn Corporation is expected to pay the following dividends over the next four years: $15, $12, $8, and $5. Afterward, the company pledges to maintain

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Lohn Corporation is expected to pay the following dividends over the next four years: $15, $12, $8, and $5. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 15 percent, what is the current share price? Multiple Choice $66.11 $65.05 $68,47 $70.53

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