Question: Common stock value - Variable growth Lawrence Industries' most recent annual dividend was $ 2 . 1 8 per share, and the firms required return

Common stock value -Variable growth Lawrence Industries' most recent annual dividend was $2.18 per share, and the firms required return is 14%. Find the market value of Lawrence's shares when dividends are expected to grow at 10% annually for 3 years, followed by a 6% constant annual growth rate in years 4 to infinity.
Common stock value -Variable growth Lawrence Industries' most recent annual dividend

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