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Synovec Company is growing quickly. Dividends are expected to grow at a rate of 3 0 percent for the next three years, with the growth
Synovec Company is growing quickly. Dividends are expected to grow at a rate of percent for the next three years, with the growth rate falling off to a constant percent thereafter. If the required return is percent, and the company just paid a dividend of $ what is the current share price? Do not round intermediate calculations and round your answer to decimal places, eg
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