Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 23 percent for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter. If the required return is 14 percent and the company just paid a $3.10 dividend. what is the current share price?

Multiple Choice $68.96 $71.77 $63.06 $66.47 $70.37