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please help! do not hard code values please 1 2 3 Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on
please help! do not hard code values please
1 2 3 Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $14 per share dividend 10 years from today and will increase the dividend by 3.9 percent per year thereafter. If the required return on this stock is 12.5 percent, what is the current share price? 4 Future dividend 14.00 Years until first dividend 10 Dividend growth rate 3.9% Required return 12.5% Complete the following analysis. Do not hard code values in your calculations. Stock price in 9 years $ 162.79 Stock price today 55 6 7 8 9 10 1558 11 12 13 14 15 16 17 18 Step by Step Solution
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