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Common Stock Value Assignment | Homework For You

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June 3rd, 2020
Common stock value-Variable growth Lawrence Industries’ most recent annual dividend was $1.34 per share (Do = $1.34), and the firm’s required return is 13%. Find the market value of Lawrence’s shares when dividends are expected to grow at 8% 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 $ . (Round to the nearest cent.)Get Finance homework help todayHomework For You

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