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W Suure. Dr.70, UOMO 5 of 8 (5 complete) Score: 0 of 1 pt Question Help X P7-15 (similar to) end men Common stock value-Variable

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W Suure. Dr.70, UOMO 5 of 8 (5 complete) Score: 0 of 1 pt Question Help X P7-15 (similar to) end men Common stock value-Variable growth Lawrence Industries' most recent annual dividend was $2.19 per sharo (D. - $2.19), and the firm's required return is 12% Find the market value of Lawrence's shares when dividends are expected to grow at 10% 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.) a Qull mewe Incorr Enter your answer in the answer box and then click Check Answer 2 All parts showing Clear All Check

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