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Common stock value Variable growth Lawrence Industries' most recent annual dividend was $2.12 per share (D0equals=$ 2.12), and the firm's required return is 11 %.
Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $2.12 per share (D0equals=$ 2.12), and the firm's required return is 11 %. Find the market value of Lawrence's shares 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
Also please can you show me how to do it using financial calculator
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