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PanGlobal Transport common stock will pay a dividend of $ 1 . 9 0 in one year, $ 2 . 0 5 the next year,
PanGlobal Transport common stock will pay a dividend of $ in one year, $ the next year, $ at the end of the third year, $ at the end of the fourth year, and $ at the end of the fifth year, after which the dividend will grow at a constant rate of per year. If the dividends are discounted at an annual rate of then rounded to the nearest cent, the current price of PanGlobal Transport common stock is $
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