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Lohn Corporation is expected to pay the following dividends over the next four years: $ 8 , $ 7 , $ 5 , and $

Lohn Corporation is expected to pay the following dividends over the next four years: $8,$7,$5, and $4. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever.
If the required return on the stock is 10 percent, what is the current share price?
Multiple Choice
$68.91
$63.56
$72.60
$64.67
$66.90
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