Question: thumbs up upon completion... please answer asap, j need answer in 30-45 min please and thank you Lohn Corporation is expected to pay the following
Lohn Corporation is expected to pay the following dividends over the next four years: $12, $8. $4, and $3. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? Multiple Choice $68.27 $62.65 $64.53 $59.51 $61.24
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