Common stock valuelVariable growth Lawrence Industries' most recent annual dividend was $2.41 per share (D0equals=$ 2.41), and the firm's required return is 16%. Find the market value of Lawrence's shares when dividends are expected to grow at 20% annually for 3 years, followed by a 44% constant annual growth rate in years 4 to infinity. The market value of Lawrence's shares is (round to nearest cent)