Problem 9.14 (Nonconstant Growth) Question 9 of 12 Check My Work (1 remaining) eBook Problem Walk-Through 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 $1.75 coming 3 years from today. The dividend should grow rapidly - at a rate of 25% per year during Years 4 and 5, but after Year 5. growth should be a constant 8% per year. If the required return on Computech is 17%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent $ 80.19 Hide Feedback Incorrect Check My Work (1 remaining)