Common stock value Variable growth Lawrence Industries' most recent annual dividend was $1.85 per share (Do-$1.85), and the firm's required return is 15%. Find the market value of Lawrence's shares when dividends are expected to grow at 20% annually for 3 years, followed by a 5% constant annual growth rate In years 4 to infinity. CITTE The market value of Lawrence's shares is $ (Round to the nearest cent)