Common stock value $-$ Constant growth Use the constant$-$growth model $($Gordon growth model$)$ to find the value of the firm shown in the following table: $($Click on the icon here in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[\backslash$table$[[$Dividend expected next$],[$year$]],$Dividend growth rate,Required return$],[$$$1\mathrm{.}20,8\mathrm{.}0\%,13\mathrm{.}0\%$