Suppose Microsoft, Inc., is trading at $27.29 per share. It pays an annual dividend of $0.32 per

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Suppose Microsoft, Inc., is trading at $27.29 per share. It pays an annual dividend of $0.32 per share, and analysts have set a one-year target price around

$33.30 per share. What is the expected return of this stock?

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Financial Markets And Institution

ISBN: 9781292459547

10th Global Edition

Authors: Frederic Mishkin, Stanley Eakins

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