1. Vi Excel Online Structured Activity: Nonconstant growth Computech Corporation is expanding rapidly and currently needs to retain all of its camings; 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 rapidyata rate of 39% per year - during Years 4 and 5; but after Year 5 growth should be a constant 7% per year. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet If the required retumi on Computech is 15%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations. Home insert Formulas Data Review View Help Editing Anal 10 B 25 Currency 40 B D E F $1.00 39.00% 7.00% 15.00% 39.00% 39.00% 7.00 0 2 0 0 $100 Nonconstant growth 2 3 Year 3 Dividend, D, Supernormal growth rate. 5 Normal growth rate. 6 Required retur, 7 B Dividends 10 P. 11 Cash flows to common stockholders 12 13 PV of cash flows to common stockholders 14 Stock Price, P. 15 16 Alternatively, using Excel NPV function 17 Stock Price, P. 18 19 Formulas 21 0 0 39.00% 7.00% 1 0 2. 0 3 $1.0000 NA 39.00% 5 HINA NA SA 0 0 INA SNA SINA 23 Dividends 24 P: 25 Cash flows to common stockholders 26 27 PV of cash flows to common stockholders 21 Stock Price, P. 10 30 Alternatively, using Excel NPV function 31 Stock Price, P. SNA SNA UNA NA NA NA Sheets Cal ModeAutomat Wartboost