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Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate
Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 6 percent, thereafter. The required return is 12 percent and the company just paid a dividend of $2.85.
What are the dividends each year for the next four years?
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