Question: Common stock value Variable growth Lawrence Industries' most recent annual dividend was B 180 per share, and the firm's required rate of return is 11%.

Common stock value Variable growth Lawrence Industries' most recent annual dividend was B 180 per share, and the firm's required rate of return is 11%. Find the market value of Lawrence's shares when Dividends are expected to grow at 8% annually for 3 years followed by a 0% constant annual growth rate in years 4 to Infinity (D4 D3 X (1+0 GO AS ITS 0% P304/rs -92

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