7ce Homework: Homework 8 Spring 2022 Question 3, P10-3 (similar to) HW Score: 79.26%. 14.27 of 18 points Points: 0 of 1 Save (Related to Checkpoint 10.1) (Common stock valuation) Header Motor, Inc., paid a $3.16 dividend last year. At a constant growth rate of 6 percent, what is the value of the common stock if the investors require a 8 percent rate of return? The value of the common stock is $(Round to the nearest cent.)