Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a high-yield dividend payer. From 2015 through 2019, Seagato paid the following por share dividends: Year Dividend per share 2019 $2.53 2018 2.27 2017 1.83 2016 1.23 2015 Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use a 22% required rate of rohurn to find the value of Seagate's stock immediately after it paid its 2019 dividend of $2.53. The value of Seagate's stock is (Round to the nearest cent.) 154