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Metallica Bearingc, Inc., is a young start - up company. No dividends will be paid on the stock over the next 1 2 years, because
Metallica Bearingc, Inc., is a young startup company. No dividends will be paid on the stock over the next years, because the firm needed to plow back its earnings to fuel growth. The company will pay an $ per share dividend in years and will increase the dividend by percent per year thereafter. If the required return on this stock is percent, what is the current share price?
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