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1 P 8 - 1 8 Supernormal Growth [ LO 1 ] Synovec Company is growing quickly. Dividends are expected to grow at a rate
P Supernormal Growth LO
Synovec Company is growing quickly. Dividends are expected to grow at a rate of
percent for the next years, with the growth rate falling off to a constant percent
thereafter.
If the required return is percent and the company just paid a $ dividend. what is
the current share price?
Multiple Choice
$
$
$
$
$
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