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Lohn Corporation is expected to pay the following dividends over the next four years: $6.58, $3.62, $7.77, and $2.95. Afterward, the company pledges to maintain
Lohn Corporation is expected to pay the following dividends over the next four years: $6.58, $3.62, $7.77, and $2.95. Afterward, the company pledges to maintain a constant 1.14 percent growth rate in dividends forever. If the required return on the stock is 6.20 percent, what is the current share price
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