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P7-10 (similar to) Question Help Common stock value: Constant growth Seagate Tecnology a global leader...

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P7-10 (similar to) Question Help Common stock value: Constant growth Seagate Tecnology a global leader in data storage solutions and a high yield dividend payet. From 2015 through 2019, Seagate paid the following per-share dividends Year Dividend per share 2019 5253 2018 2.27 O 2017 1.83 2016 118 2015 1.54 Assume that the historical annual growth rate of Seagate dividends is an accurate astinate 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 52 53 The value of Seagate's stockis 5 (Round to the nearest cant)

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