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Lohn Corporation is expected to pay the following dividends over the next four years: $ 1 0 , $ 7 , $ 6 , and
Lohn Corporation is expected to pay the following dividends over the next four years: $ $ $ and
$ Afterwards, the company pledges to maintain a constant percent growth rate in dividends forever.
If the required return on the stock is percent, what is the current share price?
Please, I want the solution step by step, not Excel or a financial calculator
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