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Business, 27.06.2020 05:01 banks9244

Lohn Corporation is expected to pay the following dividends over the next four years: $15, $12, $11, and $3.50. Afterwards, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 10 percent, what is the current share price

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Lohn Corporation is expected to pay the following dividends over the next four years: $15, $12, $11,...

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