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Business, 21.12.2020 18:00 pjgolden04

Synovec Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. Afterward, the company pledges to maintain a constant 5.25 percent growth rate in dividends forever. If the required return on the stock is 7 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: $6.60, $17....
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