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Category > Business & Finance Posted 20 May 2017 My Price 8.00

Metallica Bearings, Inc.,

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 $10 per share dividend in 10 years and will increase the dividend by 4 percent per year thereafter. If the required return on this stock is 12.5 percent, what is the current share price?

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Status NEW Posted 20 May 2017 09:05 AM My Price 8.00

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