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P7-15 (similar to) Assigned Media Question Help Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $2.54 per share Do = $2.54), and
P7-15 (similar to) Assigned Media Question Help Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $2.54 per share Do = $2.54), and the firm's required return is 10% 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.)
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