Common stock value-Variable growth Lawrence Industries' most recent annual dividend was $1.51 per share (D - $1.51), and the firm's required return is 14%. Find the market value of Lawrence's shares when dividends are expected to grow at 20% annually for 3 years, followed by a 5% constant annual growth rate in years 4 to infinity The market value of Lawrence's shares is $ 25.57. (Round to the nearest cent.)