Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next 14 years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $7 per share 15 years from today and will increase the dividend by 3 percent per year thereafter. If the required return on this stock is 9 percent, what is the current share price? Multiple Choice $34.91 $32.03 $33.17 $36.66 $35.96 Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next 14 years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $7 per share 15 years from today and will increase the dividend by 3 percent per year thereafter. If the required return on this stock is 9 percent, what is the current share price? Multiple Choice $34.91 $32.03 $33.17 $36.66 $35.96