Lawrence industries most recent annual dividend was 198 per


Lawrence? Industries' most recent annual dividend was ?$1.98 per share ?(D0equals=$ 1.98?), and the? firm's required return is 10?%. Find the market value of? Lawrence's shares when dividends are expected to grow at 15% annually for 3? years, followed by a 3% constant annual growth rate in years 4 to infinity.

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Finance Basics: Lawrence industries most recent annual dividend was 198 per
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