Question: plz help plz help Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next 3 years,

plz help
plz help
plz help plz help Synovec Co. is growing quickly. Dividends are expected

Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next 3 years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 11 percent and the company just paid a $1.10 dividend. what is the current share price? 49

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