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use Excel to do the calculations 3. (25 points) Lohn Corporation is expected to pay the following dividends over the next four years: $12, $9,
use Excel to do the calculations
3. (25 points) Lohn Corporation is expected to pay the following dividends over the next four years: $12, $9, $6.60, and $2.10. Afterwards, the company pledges to maintain a constant 4.6 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share priceStep by Step Solution
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