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Business, 19.11.2019 00:31 aziah86

Microsoft presently pays no dividend. you anticipate microsoft will pay an annual dividend of $0.60 per share two years from today and you expect dividends to grow by 4% per year thereafter. if microsoft's equity cost of capital is 12%, then the value of a share of microosfoft today is:
(a) $6.70
(b) $6.90
(c) $5.00
(d) $6.25

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Microsoft presently pays no dividend. you anticipate microsoft will pay an annual dividend of $0.60...
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