Back to Assignment Attempts 0 0 Keep the Highest 0/2 8. Problem 9.14 (Nonconstant Growth) A eBook Problem Walk-Through Computech Corporation is expanding rapidly and currently nends to retain all of its earings: hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.75 coming 3 years from today. The dividend should grow rapidly at a rate of 34% per year - during Years 4 and 5, but after Year 5, growth should be a constant 8% per year. If the required return on Computech is 15%, what is the value of the stock today? Do not round Intermediate calculations. Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving