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HW HELP how fo you solve this problem ommon stock value: Constant growth Seagate Technology is a global leader in data storage solutions d a

HW HELP
how fo you solve this problem
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ommon stock value: Constant growth Seagate Technology is a global leader in data storage solutions d a high-yield dividend payer. From 2015 through 2019, Seagate paid the following per-share dividends: Year 2019 2018 2017 2016 2015 Dividend per share $2.57 2.21 1.82 1.19 1.48 assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use a 22% required rate of return to find the value of Seagate's stock mmediately after it paid its 2019 dividend of $2.57. . The value of Seagate's stock is $. (Round to the nearest cent.)

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