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What is the current share price of lohn corporation

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Reference no: EM132917764

Lohn Corporation is expected to pay the following dividends over the next four years: $14, $10, $6, and $4. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever.

Problem 1: If the required return on the stock is 13 percent, what is the current share price?

Reference no: EM132917764

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