Question
Synovec Corp. is experiencing rapid growth. Dividends are expected to grow at 24 percent per year during the next three years, 14 percent over the
| Synovec Corp. is experiencing rapid growth. Dividends are expected to grow at 24 percent per year during the next three years, 14 percent over the following year, and then 8 percent per year, indefinitely. The required return on this stock is 10 percent and the stock currently sells for $86 per share. What is the projected dividend for the coming year? ( |
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Implementing And Auditing The Internal Control System
Authors: D. Chorafas
2001edition
0333929365, 978-0333929360
