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Lohn Corporation is expected to pay the following dividends over the next four years: $8, $5, $4, and $2. Afterward, the company pledges to maintain

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Lohn Corporation is expected to pay the following dividends over the next four years: $8, $5, $4, and $2. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price? Multiple Choice $40.63 $32.17 $33.84 $32.85 $31.21

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