(1pt) Metallica Bearings, Inc. is a young start-up company. No dividends will be paid on the

stock over the next 5 years because the firm needs to plow back its earnings to fuel growth.

The company will then pay a dividend of $10 per share 6 years from today. The dividend

will increase by 5% a year thereafter. In the required return on this stock is 10%, what is the

current share price?