Question: Microsoft will pay dividends $2, $3, and $5, at the end of years 1, 2, and 3, respectively. After that, dividends will grow at 6%
Microsoft will pay dividends $2, $3, and $5, at the end of years 1, 2, and 3, respectively. After that, dividends will grow at 6% per year. If the required rate of return is 8%, what is the value of one share today? $220.61 $217.83 $219.68 $221.54 $218.76
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