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Capital asset pricing model (CAPM) For the asset shown in the following table, use the capital asset pricing model to find the required return. (Click
Capital asset pricing model (CAPM) For the asset shown in the following table, use the capital asset pricing model to find the required return. (Click on the icon here 2 in order to copy the contents of the data table below into a spreadsheet.) The required return for the asset is %. (Round to two decimal places.) Common stock value-Variable growth Lawrence Industries' most recent annual dividend was $1.96 per share ( D0=$1.96), and the firm's required return is 16%. Find the market value of Lawrence's shares when dividends are expected to grow at 25% 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.)
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