Question: 4) Suppose a company's expected dividend pattern for three years is as follows: D2=$1,D2=$2, D3=$3. After three years, the dividends are expected to grow at

4) Suppose a company's expected dividend pattern for three years is as follows: D2=$1,D2=$2, D3=$3. After three years, the dividends are expected to grow at a constant rate of 6% to infinity. If the required return is 15%, what should the current price P0 of the firm's stock be? ( 40 pts)

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