Common stock value - Varlable growth Lawtence indutties' most recent annual dividend was $2.51 per share (D0=$2.51) and the firm's required return is 14%. Find the market value of Lawenceis thares when dividends are expectod to grow at 16% annunlly for 3 years, foliowed by a 4% constant ancual growth rate in years 4 to infinity. The market value of Lawenoe's thares is 1 (Reund to the neacest cent)