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 $1.50 coming 3 years from today. The dividend should grow rapidly at a rate of 40% per year during Years 4 and 5; but after Year 5. growth should be a constant 5% 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. Open spreadsheet If the required return on Computech is 14%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations H 40.00% 40.00% 5.00% 0 D 2 0 $1,50 0 0 Noncong Year 3 Dividend, $1.50 Supernormal growth rate, 4000 5 Nommal growth rate, 50045 6 Required elur, 14.00% 7 8 9 Dividends 10 PS 11 Cashows to common stockholders 12 13 PV of cash flows to common stockholders 14 Stock Price, P. 15 16 Ahernatively, using Excel NPV function 17 Stock Prion, P 18 19 20 Fomus 21 222 23 Dividends 24 P 25 Cashflows to common stochodem 26 27 PV of cash flows to common stockholders 28 Stock Prio, P. 30 Atively using Excel NPV tunction 31 Stock Price 40.00% 0 5.OON 1 0 4 0 $15000 40.00% 5 ANA ANA ANA NA 9 0 ENA ANIA NA ANA ANA 35