Syrovec Company is growing quickly. Dividends we expected to grow at a rate of 22 percent for the next 3 years, with the growth rate falling off to a constant 4 percent thereafter: If the required return is 9 percent and the company just paid a $2.60 dividend. what is the current share price?

Answer rating: 100% (QA)

To calculate the current share price using the dividend discount model we can first find the dividen... View the full answer