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long uccess Tips eBook Problem Walk-Through Computech Corporation is expanding rapidly and currently need to retain all of its earnings, hence, it does not pay

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long uccess Tips eBook Problem Walk-Through Computech Corporation is expanding rapidly and currently need to retain all of its earnings, hence, it does not pay dividends. However, investors expect Computach to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The dividend should grow rapidly at a rate of 32. per year during Years 4 and 5: but after years, growth huld be a constant 10% per year If the required return on Computech is 13%, what is the value of the stock today? Do not round Intermediate calculations. Round your answer to the nearest cent uccess Tips FOR YOU 5 Tools

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