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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 6.5 percent, thereafter. The required return is 13 percent and the company just paid a dividend of $3.00.
What are the dividends each year for the next four years? (round to 2 decimal places)
Year 1:
Year 2:
Year 3:
Year 4:
What is the share price in three years? (round to 2 decimal places)
What is the current share price? (round to 2 decimals)
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