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Business, 18.11.2020 16:40 heyitshenna96

Synovec Corporation is expected to pay the following dividends over the next four years: $5.20, $16.20, $21.20, and $3.00. Afterward, the company pledges to maintain a constant 5.5 percent growth rate in dividends forever. If the required return on the stock is 9 percent, what is the current share price?

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Synovec Corporation is expected to pay the following dividends over the next four years: $5.20, $16....
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