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HELP ASAP Related to Checkpoint 10.1) (Common stock valuation) Header Motoc, Inc, paid a $3.11 dvidend last year, At a constant growth rate of 5

HELP ASAP
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Related to Checkpoint 10.1) (Common stock valuation) Header Motoc, Inc, paid a $3.11 dvidend last year, At a constant growth rate of 5 percent, what is the value of the common stock if irwestors require a 16 percent rate of retum? The value of the common stock is $5 (Round to the nearest cent.)

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