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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 22...

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Finance

Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter. If the required return is 13 percent and the company just paid a $2.10 dividend. what is the current share price?

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