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Sinclair Pharmaceuticals, a small drug company, develops a vaccine that will protect against Helicobacter pylon, a bacteria that is the cause of a number of

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Sinclair Pharmaceuticals, a small drug company, develops a vaccine that will protect against Helicobacter pylon, a bacteria that is the cause of a number of of the stomach is expected that Sinclair Pharmaceuticals will experience extremely high growth over the next three years and will rinvest all of its camins in expanding the company over this time. Camingswet 15 pehar before the development of the vaccine and are expected to grow by 40% per year for the next three years. Ahor this time, it is expected growth will drop to 5% and stay there for the expected sure Fout years from now Sinclair will pay dividends that are 75% of its earnings, if its equity cost of capital is 10%, what is the value of a share of Sinclair Pharmaceutico A $49.70 OB$48.54 OC $37.36 D. $29.87 Since Pharmaceutica mal drug company develops a vaccine that will protect against Helicobacter pylonia bacteria that is the cause of a number of des of the stomach expected that Sin Pharmaceuticals will experience extremely high growth over the next three years and will rest of its camins in expanding the company over the worst before the development of the vacone and are expected to grow by 40 per year for the next three years Aher this time, it is expected growth will drop to and stay there were fou years from now Scar will pay dividends that we 75% of scaming sequity cost of capital is 10% what is the value of a share of Sindhamada? OA $49.70 OB 548 54 OC SST 34 OD 529 57

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