Microsoft Corp. just paid a dividend of $2.49 per share. The company said that it will increase the dividend by 25 percent and 20 percent over the next two years. respectively. After that, the company is expected to increase its annual dividend at 3.9 percent. If the required return is 11.7 percent, what is the stock price today? Multiple Choice $39.88 $44.16 $20.00 $42.66

Microsoft Corp. just paid a dividend of $2.49 per share. The company said that it will increase the dividend by 25 percent and 20 percent over the next two years. respectively. After that, the company is expected to increase its annual dividend at 3.9 percent. If the required return is 11.7 percent, what is the stock price today? Multiple Choice $39.88 $44.16 $20.00 $42.66

Name: Microsoft Corp. just paid a dividend of $2.49 per share. The company
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Description: Microsoft Corp. just paid a dividend of $2.49 per share. The company said that it will increase the dividend by 25 percent and 20 percent over the next two years,respectively. After that, the company is expected to increase its annual dividend at 3.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter12: The Cost Of Capital

Section: Chapter Questions

Problem 5P

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