Corporate FInace Assignment/ Professional Essay Writers
Synovus Co. is growing quickly. Dividends are expected to grow at a rate of 21 percent for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter.
If the required return is 8 percent and the company just paid a $1.80 dividend. what is the current share price?
a. $97.31.
b. $95.41.
c. $92.87.
d. $93.50. Get Finance Help Today
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