Finance Assignment | Professional Writing
June 3rd, 2020
Lohn Corporation is expected to pay the following dividends over the next four years: $9.28, $1.84, $4.82, and $4.83.
Afterward, the company pledges to maintain a constant 2.18 percent growth rate in dividends forever. If the required return on the stock is 7.52 percent, what is the current share price?
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