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Common stock value Variable growth Lawrence Industres most recent annual dividend was 5155 per share...

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Common stock value Variable growth Lawrence Industres most recent annual dividend was 5155 per share (D =5155), and the firnis required return is 10% Find the market value of Lawrence's shares when vidends are expected to grow at 10% annually for 3 years, followed by a 5% constart annual growth taten years 4 to infinity The market value of Lawrence's shares a $(Round to the nearest cent)

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