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Multiple Choice $103.55 $110.22 $98.58 $105.90 $108.06 Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the
Multiple Choice $103.55 $110.22 $98.58 $105.90 $108.06 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 6 percent thereafter. If the required return is 11 percent and the company just paid a $3.40 dividend. what is the current share price
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