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Question 6 (of 17) ? 1.00 points Metallica Bearings, Inc., Is a young start-up company. No dividends will be paid on the stock over the

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Question 6 (of 17) ? 1.00 points Metallica Bearings, Inc., Is a young start-up company. No dividends will be paid on the stock over the next 8 years because the firm needs to plow back its earnings to fuel growth. The company will pay a $10 per share dividend in 9 years and will increase the dividend by 8 percent per year thereafter Required It the required return on this stock is 14 percent, what is the current share price? (Do not round your intermediate calculations.) O $61.35 O $5843 O $5125 O $55.51 O $6018 References eBook & Resources MacBook Air F5 6 2 4

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