P8-15 Nonconstant Growth [LO1) Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 9 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 5 percent per year thereafter. If the required return on this stock is 13 percent, what is the current share price? Multiple Choice $52.43 O O $49.93 O $51.43 O $47.44 Multiple Choice $52.43 O O $49.93 O $51.43 $47.44 O $44.19