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Excel Online Structured Activity: Noncantant grow Computech Corporation is expanding rapidly and curently needs to ratam all of its earnings, hence, it does not
Excel Online Structured Activity: Noncantant grow Computech Corporation is expanding rapidly and curently needs to ratam all of its earnings, hence, it does not pay dividends. However, investors expect Computech to begin paying andends, beginning with a dividend of $0.75 coming 3 years from today. The dividend should i 12% per year during Years 4 and 5; but after year 5, growth should be a constant 9% per year. The data has been collected in the analysis to answer the question below Microsoft Excel Online file below. Open the spreadsheet and perfo Open spreadsheet If the required return on Computech is 17, what is the stock today? Round your answer to the nearest cere Do not round your intermedate calculations
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