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Metallica Bearings, Incorporated, is a young because the firm needs to plow back its earnings on the stock over the next nine years, because a

Metallica Bearings, Incorporated, is a young because the firm needs to plow back its earnings on the stock over the next nine years, because a dividend of $12 per share in 10 years and to fuel growth. The company will pay per year thereafter. If the required return on this increase the dividend by 4 percent perrent share price? (Do not round intermediate stock is 13 percent, what is the cur to 2 decimal places, e.g.,32.16.)
calculations and round your an
Answer is complete but not entirely correct.
Current share price
$
57.76
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