P8-15 Nonconstant Growth [LO1] Metallica Bearings, Incorporated, 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 7 percent per year thereafter. If the required return on this stock is 11 percent, what is the current share price? Multiple Choice $111.41 $120.80 $123.14 $105.66 $117.28