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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next 3 years, with the growth rate

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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next 3 years, with the growth rate falling off to a constant 4 percent thereafter If the required return is 10 percent and the company just paid a $2.20 dividend. what is the current share price? Multiple Choice $57.38 O $54.53 $56.23 $58.53 $52.88

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