Consolidated Industries is expected to pay the following dividends over the next four years: $2, $4, $6, and $8. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price? (Do not round your intermediate calculations.)

Question 11 options:

	$56.25
	$64.77
	$60.99
	$59.74
	$62.88