Lawrence industries most recent annual dividend was 180 per


Lawrence Industries most recent annual dividend was $1.80 per share and the firm's required return is 11%.

If dividends are expected to grow by 5% annually for 3 years and follows by a 2% constant growth rate in years 4 to infinity.

What is the valuation of Lawrence Industries stock today?

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Financial Management: Lawrence industries most recent annual dividend was 180 per
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