Common stock valuelong dashConstant growthUse 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 Dividend growth rate Required return $1.21 9.5% 12.5% The value of the firm's stock is $ ______. (Round to the nearest cent.)