A-Z 8. Problem 9.14 (Nonconstant Growth) eBook Problem Walkthrough Computech Corporation is expanding rapidly and currently needs to retain all of its earnings, hence, it does not pay dividends. However, inwestors expect Computech to begin paying dividends, beginning with a dividend of $1.75 coming years from today. The dividend should grow rapidly at a rate of 40% per year during Years 4 and 5, but after years, growth should be a constant 5% per year. If the required return on Computech is 13%, what is the value of the stock today? Do not round Intermediate calculations. Round your answer to the nearest cent. $