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Assume PATS PENS has a required rate of return of 1 0 % and the following expected future dividends: D 1 = 2 D 2

Assume PATS PENS has a required rate of return of 10% and the following expected future dividends:
D1=2
D2=2.3
D3=4
D4=4(1+2.5%)
D5=4(1+2.5%)^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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