Question: please use excel and show formulas and functions in the cells. thank you! 14. Synovec Co. is growing quickly. Dividends are expected to grow at

please use excel and show formulas and functions in the cells. thank you!

14. Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 10 percent, and the company just paid a dividend of $1.00, what is the current share price? 1

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