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computech Corporation is expanded rapidly and currently needs to retain all of his earnings hence it does not pay dividends however investors expect computech to

computech Corporation is expanded rapidly and currently needs to retain all of his earnings hence it does not pay dividends however investors expect computech to begin paying dividends beginning with a dividend of $1.25 come in 3 years from today the dividend should grow rapidly at a rate of 21% per year during years four and five but after your five growth should be constant 5% per year if the required return on computex is 16%, what is the value of the stock today do not round intermediate calculations round your answer to the nearest cent

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