Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 11 years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $7 per share 12 years from today and will increase the dividend by 4 percent per year thereafter. If the required return on this stock is 7 percent, what is the current share price? 2:07 Multiple Choice $103.60 $116.40 $105.31 $110.85 4 19 Prey 1 of 5 Next > W MacBook Air