Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $1.89 per share (Do = $1.89), and the firm's required return is 10%. Find the market value of Lawrence's shares when dividends are expected to grow at 20% annually for 3 years, followed by a 4% constant annual growth rate in years 4 to infinity. The market value of Lawrence's shares is $. (Round to the nearest cent.)