ZID lbourne FL-16 Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a high-yield es with a dividend payer. From 2015 through 2019, Seagate paid the following per-share dividends: Year Dividend per share 2019 $2.48 2018 2.22 1.86 2016 1.18 2015 1.55 Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use a 21% required rate of return to find the value of Seagate's stock immediately after it paid its 2019 dividend of $2.48 2017 The value of Seagate's stock is $ 37.04. (Round to the nearest cent.)