Lawrence Industries' most recent annual dividend was $2.17 per share (D0=$2.17).

common stock value-Variable growth Lawrence Industries' most recent annual dividend was $2.17 per share Do-S2 17 and the firm's required return is 13% Find the market value of Lawrence's shares when dividends are expected to grow at 30% annually for 3 years, followed by a 5% constant annual growth rate in years 4 to infinity The market value of Lawrence's shares is (Round to the nearest cent)