Microsoft just paid dividend of $ 3 for this year. Dividend will grow 19 % for the
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Microsoft just paid dividend of $ 3 for this year. Dividend will grow 19 % for the next three years, then will eventually slow down to 4 % thereafter. If the cost of capital (risk & discount rate) is 11 %, what is the stock price today?
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Answer rating: 100% (QA)
To find the stock price today we need to calculate the present value of the future dividend stream u... View the full answer
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