Question: please help with the formulas 17. x Nonconstant Dividends [LO1] Lohn Corporation is expected to pay the following dividends over the next four years: $13,

17. x Nonconstant Dividends [LO1] Lohn Corporation is expected to pay the following dividends over the next four years: $13, 89, 56, and $2.75. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 10.75 percent, what is the current share price? Input area: Dividend one Dividend two Dividend three Dividend four Dividend growth rate Required return $ $ $ $ 13.00 9.00 6.00 2.75 5% 10.75% 1 2 3 4. Years Dividends Price in Year 4 PV of future CFs Share price
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