Assignment: Chapter 9 Homework Assignment Score: 25.00% Questions Problem 9.14 (Nonconstant Growth) Question 8 of 8 6. Check My Work 7. 8. Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The dividend should grow rapidly - at a rate of 43% per year - during Years 4 and 5 , but after Year 5. growth should be a constant 9% per year. If the required return on Computech is 16%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent