Question: Supernormal Growth: Synovee Co. is growing quickly. Dividends are expected to grow at a rate of 30% for the next 3 years, with the growth

Supernormal Growth: Synovee Co. is growing quickly. Dividends are expected to grow at a rate of 30% for the next 3 years, with the growth rate falling off to a constant 4% thereafter. If the required return is 10%, and the company just paid a dividend of $2.65, what is the current share price?

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