Business
Business, 29.04.2021 19:50, batmanmarie2004

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 9 percent per year, indefinitely. The required return on this stock is 11 percent and the stock currently sells for $90 per share. What is the projected dividend for the coming year

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