What is the current share price

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Reference no: EM131508741

Lohn Corporation is expected to pay the following dividends over the next four years: $3.45, $8.16, $7.5, and $6.22. Afterward, the company pledges to maintain a constant 1.52 percent growth rate in dividends forever. If the required return on the stock is 9.71 percent, what is the current share price?

Reference no: EM131508741

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