Lawrence$$ Industries' most recent annual dividend was $$$$1\mathrm{.}85$ per share $($D Subscript $=$$$1\mathrm{.}85),$ and the$$ firm's required return is $15\%.$ Find the market value of$$ Lawrence's shares when dividends are expected to grow at $10\%$ annually for $3$ years, followed by a $3\%$ constant annual growth rate in years $4$ to infinity