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Lohn Corporation is expected to pay the following dividends over the next four years: $15, $10, $8, and $4. Afterward, the company pledges to maintain
Lohn Corporation is expected to pay the following dividends over the next four years: $15, $10, $8, and $4. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? Mannix Corporation stock currently sells for $90 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock
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