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    glh14glh's Avatar
    glh14glh Posts: 1, Reputation: 1
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    #1

    Oct 31, 2011, 02:15 PM
    Common Stock Value Variable growth
    Lawerence Indurstries most recent dividend was 2.38 share and the firm's required return is 16%. Find the market value of Lawerences shares when dividends are expected to grow at 30% annually for 3 years, followed by a 5% constant groth rate in years 4 to infinity.
    atollive's Avatar
    atollive Posts: 1, Reputation: 1
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    Dec 5, 2011, 07:25 PM
    Present Value of dividends and stock price = $40.99
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