P7-15 (similar to) Question Help O Common stock value Variable growth Lawrence Industries' most recent annual dividend was $1.92 per share (D = $1.92), and the firm's required return is 13%. 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 $ . (Round to the nearest cent.)