Martin Office Supplies paid a $\backslash (\backslash$$ $6\backslash )$dividend last year. The dividend is expected to grow at a constant rate of $7$percent over the next four years. The required rate of return is $20$percent $($this will also serve as the discount rate in this problem$).$

a$.$Compute the anticipated value of the dividends for the next four years. $($Do not round intermediate calculations. Round your final answers to $2$decimal places.$)$

b$.$Calculate the present value of each of the anticipated dividends at a discount rate of $20$percent$.($Do not round intermediate calculations. Round your final answers to $2$decimal places.$)$c$.$Compute the price of the stock at the end of the fourth year $\backslash (\backslash$left$($P$\_\{4\}\backslash$right$)\backslash ).($Do not round intermediate calculations. Round your final answer to $2$decimal places.$)$

Stock price at Year $4$

d$.$Calculate the present value of the year $4$stock price at a discount rate of $20$percent$.($Do not round intermediate calculations. Round your final answer to $2$decimal places.$)$

Present value of Year $4$stock price

e$.$Compute the current value of the stock. $($Do not round intermediate calculations. Round your final answer to $2$decimal places.$)$

Current value f$.$Use the formula given below to show that it will provide approximately the same answer as part $\backslash ($e $\backslash ).($Do not round intermediate calculations. Round your final answer to $2$decimal places.$)$