Question: Common stock valueVariable growth Lawrence Industries' most recent annual dividend was 2.37$ per share (D0=2.37), and the firm's required return is 14%. Find the market

Common stock valueVariable growth Lawrence Industries' most recent annual dividend was 2.37$ per share (D0=2.37), and the firm's required return is 14%. Find the market value of Lawrence's shares when dividends are expected to grow at 20% annually for 3 years, followed by a 6% constant annual growth rate in years 4 to infinity. The market value of Lawrence's shares is $?

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