tlon Is expected to pay the following dividends over the next four years: $12, $9, $6, and $4. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever Required: If the required return on the stock is 14 percent, what is the current share price? (Do not round your Intermediate calculations.) O $55.25 $53.38 O $61.40 o $56.91 O $52.49 References eBook & Resources Learning Objective: 08-01 How stock prices depend on future dividends and dividend Multiple Choice