8. Problem 9.14 (Nonconstant Growth) eBook eBook Problem Walk- Computech Corporation is expanding rapidly and currentiy needs to retain ail t its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.25 coming 3 years from today. The dividend should grow rapidly - at a rate of 29% per year during Years 4 and 5, but after Year 5, growth should be a constant 6% per year. If the required return on Computech is 12%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent. $ 14.64 x