Common stock value-Variable growth Lawrence Industries' most recent annual dividend was $1.01 per share (Do = $1.01), and the firm's required return is 12%. Find the market value of Lawrence's shares when dividends are expected to grow at 10% 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.)