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.) Dividend expected next year $1.06 The value of the firm's stock is $ Dividend growth rate 8.2% (Round to the nearest cent.) Required return 13.4%

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.) The value of the firm's stock is \$ (Round to the nearest cent)