Lohn corporation is expected to pay the following dividends, Ask an Expert

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Lohn Corporation is expected to pay the following dividends over the next four years: $11, $7, $6, and $3.50. Afterward, the company pledges to maintain a constant 4 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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Category:- Basic Finance
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