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Assume PATS PENS has a required rate of return of 6% and the following expected future dividends: D1=2 D2=2.6 D3 =4 D4 4=4(1+2.6%) D5 =4(1+2.6%)2

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Assume PATS PENS has a required rate of return of 6% and the following expected future dividends: D1=2 D2=2.6 D3 =4 D4 4=4(1+2.6%) D5 =4(1+2.6%)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)

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