. Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $12 per share 10 years from today and will increase the dividend by 2.9 percent per year thereafter. If the required return on this stock is 10.4- percent, what is the current share price? 201024 12. 3 07S