what is the value of thr stock today?

Eucel Online Structured Activiy: Nonconstant growth Computech corporation is expanding rapialy and currently needs to retoin all of its earnings; hence, it does not poy dividends. However, investors expect Computech to begin paying dividends, beginning wath a dividend of $1.75 coming 3 years from today. The dividend should grow ropialy - at a rate of 41% per year - duripg Years 4 and 5 ; but afer Year 5 , growth should be a constant 6% per year. The cata has been coliected in the Microsort Excel Online file below. Open the spreodsheet and perform the required analysis to answer the question below. Open spreodsheet If the required return on Computech is 18%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations. 1. Hocomitart pown 1 Nonconatant growth Computech Corporotion is expanding rapidy and currently needs to retain all of its earnings; hence, it does not poy dividends, However, investors expect Computech to begin poying dividends, begining with a dividend of $1.75 coming 3 years from today. The dividend should grow ropidly - at a rate of 41% per year - durigg Years 4 and 5; but after Year 5 , growth should be a constant 6% 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 spresdsheet If the required return on Computech is 18%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations