Question: Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 26 percent for the next 3 years, with the growth rate

Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 26 percent for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter If the required return is 14 percent and the company just paid a $1.90 dividend what is the current share price? Multiple Choice $4712 $43.63 $46.20 $45 28 54138

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