Question: Common stock value: Variable growth Lawrence Industries' most recent annual dividend was $1.30 per share(Do-$1.80), and the firm's required return is 11%. Find the market

 Common stock value: Variable growth Lawrence Industries' most recent annual dividend

Common stock value: Variable growth Lawrence Industries' most recent annual dividend was $1.30 per share(Do-$1.80), and the firm's required return is 11%. Find the market value of Lawrence's shares when: a. Dividends are expected to grow at 8% annually for 3 years, followed by a 5% P7-15 constant annual growth rate in year 4 to infinity. constant annual growth rate in year 4 to infinity. constant annual growth rate in year 4 to infinity b. Dividends are expected to grow at 8% annually for 3 years, followed by a 0% c. Dividends are expected to grow at 8% annually for 3 years, followed by a 10%

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