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Lohn Corporation is expected to pay the following dividends over the next four years: $8, $4, $3, and $1. Afterward, the company pledges to maintain

Lohn Corporation is expected to pay the following dividends over the next four years: $8, $4, $3, and $1. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 13 percent, what is the current share price? A) $30.03 B) $21.58 C) $20.95 D) $19.91 E) $20.84

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