At what price will the stock sell


Question:

Microsoft Inc. paid $2 dividend last week. You expect the dividend to grow steadily at a rate of 5 percent per year. If the discount rate for the stock is 12 percent, at what price will the stock sell?

Solution Preview :

Prepared by a verified Expert
Microeconomics: At what price will the stock sell
Reference No:- TGS02094929

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)