Question: 2017 Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a high yield dividend payer From 2015 through
2017 Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a high yield dividend payer From 2015 through 2019, Seagate paid the following por share dividends Year Dividend per share 2019 3253 2018 227 1.83 2016 1.18 2015 1.54 Assume that the historical annual growth rate of Seagate dividonds 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 2019 dividend of 25). The value of Seagate's stock a $(Round to the nearest cont)
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