An advanced multimedia technology has develop a microprocessor three times faster than anything avaible in market. as a result, the company is expected to experience 15% annual growth in earnings for the next 3 years. at the end of the third year, other firms will have developed comparable technology, thus reducing the firm's growth opportunities, so AMT will pay it first dividend equal to 30% of earnings. subsequent dividend will grow at 5% per year indefinitely. stockholders requires 18% return on AMT's stock. the company's earning per share were $2 last year. what is amount of AMT's dividend when it is first declared? what is AMT stock price today?