Click here to read the eBook: Valuing Nonconstant Growth Stocks Problem walk-Through NONCONSTANT GROWTH Computech Corporation is expanding rapidly and currently needs to retain all of its carings: hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.25 coming years from today. The dividend should grow rapidly at a rate of 26 per year during rear and 5; but after Year 5. growth should be a constant 4% per year. If the required return on Computech i 16%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations