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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 19 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 19 percent for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 11 percent and the company just paid a $200 dividend. what is the current share price? Multiple Choice $51.03 $4757 $49,03 $5003 145.76

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