Business, 04.04.2020 14:28 pr47723

Microsoft presently pays no dividend. You anticipate Microsoft will pay an annual dividend of $0.60 per share two years from today and you expect dividends to grow by 4% per year thereafter. IF Microsoft's equity cost of capital is 12%, then the value of a share of Microosfoft today is:

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Microsoft presently pays no dividend. You anticipate Microsoft will pay an annual dividend of $0.60...

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