Question: please answer fast, i will leave a like! Lohn Corporation is expected to pay the following dividends over the next four years: $9,$8,$4, and $1.
Lohn Corporation is expected to pay the following dividends over the next four years: $9,$8,$4, and $1. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price? Multiple Choice $24.98 $24.25 $23.04 $24.16 $33.40
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