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Without usuing excel please 10. Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 30% for the next three years,
Without usuing excel please
10. Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 30% for the next three years, with the growth rate falling off to a constant 4% thereafter. If the required return is 11%, and the company will pay a dividend of $2.45 next year, what is the current share price? (10 points) Step by Step Solution
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