Business, 19.10.2021 01:30 drewefielder6198
Synovec Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year during the next three years, 16 percent over the following year, and then 8 percent per year indefinitely. The required return on this stock is 15 percent, and the stock currently sells for $96 per share. What is the projected dividend for the coming year?
Answers: 3
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Synovec Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year du...
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