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Synovec Company is growing quickly. Dividends are expected to grow at a rate of 1 9 percent for the next 3 years, with the growth

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 5 percent thereafter.
If the required return is 8 percent and the company just paid a $1.60 dividend. what is the current share price?

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