P7-15 (similar to) Question Help Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $2.19 per share (Do = $2.19), and the firm's required return is 16%. Find the market value of Lawrence's shares when dividends are expected to grow at 10% annually for 3 years, followed by a 7% constant annual growth rate in years 4 to infinity The market value of Lawrence's shares is $ (Round to the nearest cent.)