Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividendsHowever, investors expect Computech to begin paying dividends, beginning with a dividend of $1.50 coming 3 years from todayThe dividend should grow rapidly at a rate of 29% per year during Years 4 and 5but after Year growth should be a constant 8% per year. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below.

Excel Online Structured Activity: Nonconstant growth 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 51.50 coming 3 years from today. The dividend stiould grow rapidly - at a rate of 29% per yeat - during Years 4 and 5; but after Year 5, growth should be a constant g\% per yeat. The data has been collected in the Microsoft Excel Online file below, Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet If the required return on Computech is 14%, what is the value of the mock today? Round your answer to the nearest cent: Do not round your intermediate calculations