Question: Stream A Stream B Stream Ai s Stream B: s Streem A s stream 0: s Lawrence Industries' most recent annual dividend was $1.80 per


Stream A Stream B Stream Ai s Stream B: s Streem A s stream 0: s Lawrence Industries' most recent annual dividend was $1.80 per share (D0=$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% constant annual growth rate in years 4 to infinity
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