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Excel Online Structured Activity: Nonconstant growth Computech Corporation is expanding rapidily and currently needs to retain all of lts earnings; hence, it does not pay

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Excel Online Structured Activity: Nonconstant growth Computech Corporation is expanding rapidily and currently needs to retain all of lts earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The dividend should orow rapithy - at a rate of 27% per year - diaring Years 4 and 5; but after Year. 5, growth should be a constant 7% 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 16%, what is the value of the stock today? Round your answer to the nearest cent. Da not round your intermedate calculations

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