Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a consistent dividend payer. From $2018$ through $2022,$ Seagate paid the following per$-$share

dividends:

Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use a $20\%$ required rate of return to find the value of Seagate's stock

immediately after it paid its $2022$ dividend of $$2\mathrm{.}48.$

The value of Seagate's stock is $

$($Round to the nearest cent.$)$