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please look at every picture before answering the question. please help. Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $2.05 PE grow
please look at every picture before answering the question. please help.
Common stock valueVariable growth Lawrence Industries' most recent annual dividend was $2.05 PE 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.) ont annual dividend was $2.05 per share (D = $2.05), and the firm's required return is 14%. Find the mark rate in years 4 to infinity t.) turn is 14%. Find the market value of Lawrence's shares when dividends are expected to Step by Step Solution
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