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Lohn Corporation is expected to pay the following dividends over the next four years: $14, $9, $6, and $4, afterward, the company pledges to maintain
Lohn Corporation is expected to pay the following dividends over the next four years: $14, $9, $6, and $4, 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 $59.96 o $58.73 o $67.38 $63.68 o $6183
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