microtech corporation is expanding rapidly,and it currently needs to retain all of its earnings, hence it does not pay any dividend. However,investors expect Microtech to begin paying dividend, with the first dividend of $1 coming 3 years from today. the dividend should grow rapidly - at a rate of 50% par year - during years 4 and 5. After year 5 ,the company should grow at a constant rate of 8% par year. if the required return on the stock is 15% , what is the value of the stock today?