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Synovec Company is growing quickly. Dividends are expected to grow at a rate of 2 3 percent for the next 3 years, with the growth
Synovec Company is growing quickly. Dividends are expected to grow at a rate of percent for the next 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. what is the current share price? Note: since the dividend at time of $ has just been paid, do not include it in the price at time
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