What is the current share


Lohn Corporation is expected to pay the following dividends over the next four years: $16, $12, $11, and $6.50. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 16 percent, what is the current share price?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the current share
Reference No:- TGS02286812

Expected delivery within 24 Hours