Question: rXMy Grades -26007 2018110 Mail-felipesautosales@hot Leads https Chapter 8 Saved Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 25

rXMy Grades -26007 2018110 Mail-felipesautosales@hot Leads https Chapter 8 Saved Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter If the required return is 11 percent and the company just paid a $3.60 dividend. what is the current share price? Multiple Choice $98.59 $94.82 $101.66 $105.81

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