What is current share price

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Reference no: EM131882285

Lohn Corporation is expected to pay the following dividends over the next four years: $5.58, $1.1, $1.01, and $8.73. Afterward, the company pledges to maintain a constant 3.13 percent growth rate in dividends forever. If the required return on the stock is 7.63 percent, what is the current share price?

Reference no: EM131882285

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