Common stock value-Varlable growth Lawrence Industries' most recent annual dividend was $2.19 per share (D0=$2.19 ), and the firm's required retum is 12\%. Find the market value of Lawrence's shares when dividends are expected to grow at 8% 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 5 (Round to the nearest cent)