Find the market value of lawrence shares

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Lawrence Industries' most recent annual dividend was $2.34 per share (D0 equals $ 2.34), and the? firm's required return is 15%. Find the market value of Lawrence's shares when dividends are expected to grow at 25% 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

Reference no: EM131455836

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