This Question: 1 pt 10 of 14 (0 complete) This Test: 14 pts possible (Common stock valuation) Herrera Motor Inc paid a 54.25 dividend last year. At a constant growth rate of 5 percent, what is the value of the common stock if the investors require a rate of return of 22 percent? The value of the Herrera Motor common stock is $ (Round to the nearest cent)