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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, Seagate

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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, Seagate paid the following per share dividends: Year Dividend per share 2019 5256 2015 Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constantannual dividend growth rate. Use a 22% required rate of return to find the value of Seagate's stock immediately aher paid its 2019 dividend of $256 The value of Seagate's stocks (Round to the nearest cent)

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