You will get down vote if you copy the answer from other chegg questions or get it wrong. Please note that the answer 15.80 is wrong

Computech Corp. 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 $.50 coming 3 years from today. The dividend should grow rapidly at a rate of 50% per year during years 4 and 5; but after year 5, growth should be constant 6% per year. If the required return on Computech is 14%, what is the value of the stock today