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Synovec Company 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 Company 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 4 percent thereafter. If the required return is 10 percent and the company just paid a $1.90 dividend. what is the current share price? Multiple Choice $44.59 $45.98 $49.35 $48.38 $47.41

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