Synovec Company is growing quickly. Dividends are expected to grow at a rate of 24...
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Synovec Company is growing quickly. Dividends are expected to grow at a rate of 24 percent for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 13 percent and the company just paid a $2.80 dividend. what is the current share price? Multiple Choice $53.12 $58.71 $55.01 $57.53 $59.88
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