Assume PATS PENS has a required rate of return of 11% and the following expected future dividends:

D1=2

D2=2.5

D3=4

D4=4(1+1.9%)

D5=4(1+1.9%)^2 and so on...

Price the current value of the stock given the future expected dividends

(Please write in decimal format using 5 decimal places, do not use the $ symbol)

Assume PATS PENS has a required rate of return of 11% and the following expected future dividends: D1=2 D2=2.5 D3=4 D4=4(1+1.9%) D5=4(1+1.9%)^2 and so on... Price the current value of the stock given the future expecred dividends (Please write in decimal format using 5 decimal places, do not use the $ symbol)