Microsoft stock traded at $38 per share on the last trading day. Because of the market...
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Microsoft stock traded at $38 per share on the last trading day. Because of the market competition Microsoft's goal is to increase this dividend by 3% per year. The company's required rate of return is 8.20%. Based on this information what was Microsoft's amount of dividend paid? Microsoft stock traded at $38 per share on the last trading day. Because of the market competition Microsoft's goal is to increase this dividend by 3% per year. The company's required rate of return is 8.20%. Based on this information what was Microsoft's amount of dividend paid?
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Answer rating: 100% (QA)
To calculate the amount of dividend paid by Microsoft we can use the Gordon Growth Model also known ... View the full answer
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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