Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 21 percent for the next 3 years, with the gr

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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 21 percent for the next 3 years, with the gr

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Synovec Co Is Growing Quickly Dividends Are Expected To Grow At A Rate Of 21 Percent For The Next 3 Years With The Gr 1
Synovec Co Is Growing Quickly Dividends Are Expected To Grow At A Rate Of 21 Percent For The Next 3 Years With The Gr 1 (31.86 KiB) Viewed 36 times
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 21 percent for the next 3 years, with the growth rate falling off to a constant 4 percent thereafter. If the required return is 7 percent and the company just paid a $3.50 dividend. what is the current share price? Multiple Choice $188.96 $177.48 $192.74 $183.90 $185.18
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