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Lohn Corporation is expected to pay the following dividends over the next four years: $14, $9, $6, and $3. Afterward, the company pledges to maintain

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Lohn Corporation is expected to pay the following dividends over the next four years: $14, $9, $6, and $3. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? Multiple Choice $68.65 $65.25 $63.32 $66.65 $72.28

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