6. Problem 9.14 (Nonconstant Growth) Problem Walk Through Computech Corporation is an ing rapidly and currently needs to retainingsce, does not my However, torpet Computach to teen dividende, beginning with dividend of 125 coming years from today. The dividend should grow rapidly of per edung and butter var growth the year. If thered return on Computech is 12, what is the value of the stock today. Do not round intermediate calculations, and your awer to the recent 3. Problem 9.14 (Nonconstant Growth) eBook Problem Walk-Through Computech Corporation is expanding rapidly and currently needs to retain all of its earnings, hence, It does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.25 coming 3 years from today. The dividend should grow rapidly-at a rate of 38% per year-during Years 4 and 5, but after year 5, growth should be a constant 5% per year. If the required return on Computech is 12%, what is the value of the stock today? Do not round Intermediate calculations, Round your answer to the nearest cent