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 located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Dividend expected next year $1.16 Dividend growth rate 7.6% Required return 12.4% The value of the firm's stock is $ (Round to the nearest cent.)