Question: when dividends are expected to grow at 8% annually for 3 years, followed by a 6% constant annual growth rate in years 4 to infinity.

when dividends are expected to grow at 8% annually for 3

when dividends are expected to grow at 8% 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 9 (Round to the nearest cent.)

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