Lohn Corporation is expected to pay the following dividends over the next four years: $16, $11, $7, and $3

Finance Oct 16, 2020

Lohn Corporation is expected to pay the following dividends over the next four years: $16, $11, $7, and $3. Afterward, the company pledges to mainUin a constant 7 percent growth rate in dividends forever.
If the required return on the stock is 13 percent, what is the current share price,

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