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Please tell me the right excel formula way to solve it, I will rate u later, thanks XIA Calculating stock price - Excel ? X

image text in transcribedPlease tell me the right excel formula way to solve it, I will rate u later, thanks

XIA Calculating stock price - Excel ? X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In % Arial 12 AA % Paste BIU- Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font D14 X fx =D6/(D9-08) AB D G H J K 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 5 6 $ 7 Future dividend Years until first dividend Dividend growth rate Required return 14.00 10 3.9% 12.5% 8 9 10 11 12 Complete the following analysis. Do not hard code alues in your calculations. 13 Stock price in 9 years $ 14 15 162.79 16 Stock price today 17 18 19 Sheet1 READY + 100% Attempt(s) 0/10 Hint

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