Industrial Consolidated has a beta of .5. Assuming a risk free rate of 5.0% and a market risk premium of 6.75%, what is the required return on the stock?

	8.38%
	5.88%
	3.38%
	4.25%
	9.25%

Amalgamated Consolidated is expected to pay the following dividends over the next three years: $2, $3, and $4. 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.)

	$52.46
	$49.65
	$56.13
	$55.08
	$54.03