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Finance 1 answer below » Constant growth: Johnson Corporation has just paid a dividend of $4.45. The company has forecasted a growth rate of 8
percent for the next several years. If the appropriate discount rate is 14 percent, what is the current price of this stock? (Round to the nearest
dollar.) A $74 B $32 C $80 D $60 Jan 18 2014 05:44 AM
