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Common stock value Variable growth Lawrence Industries' most recent annual dividend was $1.11 per share...

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Common stock value Variable growth Lawrence Industries' most recent annual dividend was $1.11 per share (D, - $1.11), and the firm's required return is 11% expected to grow at 30% 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 cont.) ies' most recent annual dividend was $1.11 per share (D - $1.11), and the firm's required retum is 11%. Find the market value of Lawrence's shares when dividends are % constant annual growth rate in years 4 to infinity the nearest cent) Clear all Cheka

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