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Computech Comporaton is expanding rapidy and currenthy needs to retain all of its earning5; hence, it does not poy dividends, However, investacs expect Computech to

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Computech Comporaton is expanding rapidy and currenthy needs to retain all of its earning5; hence, it does not poy dividends, However, investacs expect Computech to begint paying dividends, beginning with a dividend of $1,00 corming 3 years froel today. The dividend should grow rapidy = at a tate of 34% per year = during years 4 and 5 , but after Year 5, groath should be a constant 10tw per vear. If the requared refurn on Compothech is 1444, what is the value af the stock today? Do not round intermediate calculations. found your answer to the nearest cent

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