Q 2.66. On April 12, 2006, Microsoft stock traded for $27.11 and claimed to pay an annual dividend of $0.36. Assume that the first dividend will be paid in one year, and that it then grows by 5% each year for the next four years. Further, assume that the prevailing interest rate is 6% per year. At what price would you have to sell Microsoft stock in five years in order to break even? Q