Question: Please show all work - thanks! Charlies Computer Corporation (CCC) is growing rapidly and expects to continue to grow at 25% per year for the

Please show all work - thanks!

Charlies Computer Corporation (CCC) is growing rapidly and expects to continue to grow at 25% per year for the next two years, 10% for the year after and then stabilize to 5% annual growth. CCC doesnt currently pay dividends but expects to pay a $2 per share dividend one year from today. If the appropriate discount rate is 12%, then what is the value of a share of CCC stock?

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