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Business, 17.07.2020 21:01 guccim5971

Lohn Corporation is expected to pay the following dividends over the next four years: $16, $13, $8, and $4. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 17 percent, what is the current share price

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Lohn Corporation is expected to pay the following dividends over the next four years: $16, $13, $8,...
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