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Common stock value-Variable growth Lawrence Industries' most recent annual dividend was 51.17 per share (0, -51.17), and the firm's required return is 16% Find the

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Common stock value-Variable growth Lawrence Industries' most recent annual dividend was 51.17 per share (0, -51.17), and the firm's required return is 16% Find the market value of Lawrence's shares when Gvidends are expected to grow at 10% annually for 3 years, followed by a 6% constant annual growth rate in years 4 to Infinity The market value of Lawrence's shares is $. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check

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