1. Woerhide Computer Chips, Inc. is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of 18 percent during the next 2 years, at 15 percent in the third year, and at a rate of 6 percent thereafter. Woerhide's last dividend was $1.15, and the required rate of return on the stock is 12%. Calculate the value of the stock today. a. b. Calculate the value of the stock today if you plan to sell the stock in 5 years