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Online Activity. Nonconstant growth en 1 Video Excel Online Structured Activity: Nonconstant growth Computech Corporations expanding rapidly and currently needs to retain all of its

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Online Activity. Nonconstant growth en 1 Video Excel Online Structured Activity: Nonconstant growth Computech Corporations expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay cividends. However, investors expect Computach to begin paying dividends, beginning with a dividend of $0.75 coming 3 years from today. The dividend should grow rapidly at a rate of 47% per year during Years 4 and 5: but after year 5. growth should be a constant 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 10%, what is the value of the stock today? Round your awer to the nearest cent. Do not round your Intermediate calculations $ 28.75 Check My Work Autosaved at 11:25 PM 13 Searen or type URL

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