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calculation in Connect. Please use excel file to calculate the following questions. Layout your initial input separately and clearly and do all the calculation inside

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calculation in Connect. Please use excel file to calculate the following questions. Layout your initial input separately and clearly and do all the calculation inside of excel file. (Excel part: 5 points) Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 10 years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $13.50 per share 11 years from today and will increase the dividend by 5.25 percent per year thereafter. If the required return on this stock is 13.25 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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