In: Finance
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 Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 27 percent for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter.  | 
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 If the required return is 14 percent and the company just paid a $2.20 dividend. what is the current share price?  | 
Multiple Choice
$54.72
$51.68
$49.01
$53.62
$55.81