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The value of Seagate's stock is $___ Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a consistent
The value of Seagate's stock is $___
Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a consistent dividend payer. From 2018 through 2022, Seagate paid the following per-share dividends: Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use a 19% required rate of return to find the value of Seagate's stock immediately after it paid its 2022 dividend of $2.52Step by Step Solution
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