Question: Chapter 7 - End of Chapter Questions and Problems - Question 15 $97.97 O $118.49 $129.32 $130.45 $143.94 LO 1 15. Nonconstant Growth Metallica Bearings,

Chapter 7 - End of Chapter Questions and Problems - Question 15 $97.97 O $118.49 $129.32 $130.45 $143.94 LO 1 15. Nonconstant Growth Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 9 years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $23 per share 10 years from today and will increase the dividend by 5 percent per year thereafter. If the required return on this stock is 12 percent, what is the current share price

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