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Amalgamated Industries is growing quickly. Dividends are expected to grow at a 20 percent rate for the next 5 years, with the growth rate

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Amalgamated Industries is growing quickly. Dividends are expected to grow at a 20 percent rate for the next 5 years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 10 percent and the company just paid a $3.00 dividend. what is the current share price? (Do not round your intermediate calculations.) $125.15 $119.30 $120.47 $116.96 $122.81

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