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Business, 16.04.2020 01:27 locomexicano03

Synovec Corporation is expected to pay the following dividends over the next four years: $6.90, $17.90, $22.90, and $4.70. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 10 percent, what is the current share price?

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Synovec Corporation is expected to pay the following dividends over the next four years: $6.90, $17....

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