Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 31 percent...

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Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate falling off to a constant 7.1 percent, thereafter. The required return is 12 percent and the company just paid a dividend of $2.55. What are the dividends each year for the next four years? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Year 1 $ 3.34 Year 2 $ 4.38 Year 3 $ 5.73 Year 4 $ 7.49 X Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate falling off to a constant 7.1 percent, thereafter. The required return is 12 percent and the company just paid a dividend of $2.55. What are the dividends each year for the next four years? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Year 1 $ 3.34 Year 2 $ 4.38 Year 3 $ 5.73 Year 4 $ 7.49 X