Amalgamated Industries currently pays no dividends. It will begin paying dividends in 8 years. Its first dividend will be $1.95, and future dividends will grow at 2.28% per year. If investors require a 16.75% return, what is the current stock price? $4.69 $3.90 $4.56 $4.42 $4.79 Amalgamated Industries is expected to pay the following dividends over the next four years: $2.5,$3.5,$5.5., and \$8.5. Afterward, the company pledges to maintain a constant 3.2 percent growth rate in dividends forever. If the required return on the stock is 14.5 percent, what is the current share price? (Do not round your intermediate calculations.) $60.39 $61.56 $52.28 $58.63 $63.32