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plz help please NOW Computech Corporation is expanding rapidly and currently needs to retain all of its earmings; hence, it does not pay dlvidends. However,
plz help please NOW
Computech Corporation is expanding rapidly and currently needs to retain all of its earmings; hence, it does not pay dlvidends. However, investors expect. Computech to beglin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The dividend should grow rapidly - at a rate of 2.5\% per year-during Years 4 and 5 , but after. Year 5 , growth should be a constant 10% per year. If the required return on Computech is 179 , what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent Step by Step Solution
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