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Common stock value-Variable growth Lawrence Industries' most recent annual dividend was $155 per share (0,=...

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Common stock value-Variable growth Lawrence Industries' most recent annual dividend was $155 per share (0,= $155) and the firm's required return is 14%. Find the market value of Lawrence's shares when dividends are expected to grow al 20% annually for 3 years, followed by a 7% constant annual growth rate in years 4 to infinity

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