Lohn Corporation is expected to pay the following dividends over the next four years: $11, $8, $4, and $2

Finance Dec 19, 2020

Lohn Corporation is expected to pay the following dividends over the next four years: $11, $8, $4, and $2. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 13 percent, what is the current share price? Multiple Choice 0 $39.73 O $37.85 ?. $36.64 O $38.57 0 $46.44

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