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Business, 06.09.2019 21:30 hellothere69

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 dividend of $14 per share in 10 years and will increase the dividend by 6 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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Metallica bearings, inc., is a young start-up company. no dividends will be paid on the stock over t...
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