Question: Need help w/Finance common stock question :(?

By | June 13, 2018
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 15 years because the firm needs to plow back its earnings to fuel growth. The company will pay a $14 per share dividend in 16 years and will increase the dividend by 6 percent per year thereafter. If the required return on this stock is 12 percent, what is the current share price? (Do not round your intermediate calculations.) $42.63  $44.76  $38.06  $40.50  $43.91