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Business, 18.08.2020 23:01 johnkings140

Lohn Corporation is expected to pay the following dividends over the next four years: $12, $9, $8, and $3.50. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 14 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: $12, $9, $8, a...
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