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Computech corporation is expanding rapidly and currently needs to retain all of its earnings: hence. it does notpay dividends. However, investors expect computech to begin

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Computech corporation is expanding rapidly and currently needs to retain all of its earnings: hence. it does notpay dividends. However, investors expect computech to begin paying dividends beginning wict a dividend of $1.25 coming 3 years from today. The dividend should grow rapidly - at a rate of zof 6 per year during Years 4 and 5 , but after Year 5 , growth should be a constant 5% per year If che required return on answer to the nearest cent

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