Business, 02.04.2021 01:40 24chrim

Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 10.5 percent for the next three years, with the growth rate falling off to a constant 5.4 percent thereafter. If the required return is 10.6 percent and the company just paid a dividend of $5.00, what is the current share price

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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 10.5 percent for the nex...