Consolidated Industries is expected to pay the following dividends over the next four years: $2, $3, $4, and $5. Afterward, the company pledges to maintain a constant 2 percent growth rate in dividends forever. If the required return on the stock is 9 percent, what is the current share price? (Do not round your intermediate calculations.)

Question 5 options:

	$58.05
	$62.60
	$60.73
	$56.97
	$64.48

Amalgamated Industries currently pays no dividends. It will begin paying dividends in 6 years. Its first dividend will be $3.35, and future dividends will grow at 3.6% per year. If investors require a 12.75% return, what is the current stock price?

Question 6 options:

	$20.70
	$20.09
	$17.68
	$17.82
	$19.49