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6 Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on...

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6 Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next 13 years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $8 per share 14 years from today and will increase the dividend by 6 percent per year thereafter. eBook References If the required return on this stock is 12 percent, what is the current share price

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