Mack Industries just paid a dividend of $5 per share (DO=$5). Analysts expect the company's dividend to grow 5 percent this year (D1=$5.25) and 8 percent next year. After two years the dividend is expected to grow at a constant rate of 4 percent. The required rate of return on the company's stock is 13 percent. What should be the company's current stock price? $60.40 $62.40 $58.40 $56.40 $54.40