Question: QUESTION 2 0 Microsoft Inc. expects to pay a dividend of $ 3 per share at the end of year 1 and these dividends are

QUESTION 20
Microsoft Inc. expects to pay a dividend of $3 per share at the end of year 1 and these dividends are expected to grow at a constant rate of 6 percent per year forever. If the required rate of return on the stock is 18 percent, what is the current value of the stock today?
$25
$54
$50
$16.66
$3.18
QUESTION 20 Microsoft Inc. expects to pay a dividend of $3

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