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Common stock value - Variable growth Lawrence industries' most recem annual dividend was $2.45 per share (D0=$2.45), and the fem's required return is 15% Find

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Common stock value - Variable growth Lawrence industries' most recem annual dividend was $2.45 per share (D0=$2.45), and the fem's required return is 15% Find the market value of Lawrence's shares when dividends are expected to grow at 8% annsaly for 3 years. followed by a 7% constant ampul growth rato in years 4 to infinty The market value of Lewrence's thares is 5 (Round to the nearest cent)

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