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Assume PATS PENS has a required rate of return of 6% and the following expected future dividends: D1=2 D2=2.1 D3=4 D4=4(1+2.4%) D5=4(1+2.4%)^2 and so

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Assume PATS PENS has a required rate of return of 6% and the following expected future dividends: D1=2 D2=2.1 D3=4 D4=4(1+2.4%) D5=4(1+2.4%)^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) I

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