6. Microsoft's Dividend. In January 2003 Microsoft announced that it would begin paying a dividend of $0.16
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6. Microsoft's Dividend. In January 2003 Microsoft announced that it would begin paying a dividend of $0.16 per share. Given the following share prices for Microsoft stock in the recent past, how would a con- stant dividend of $0.16 per share per year have changed the company's return to its shareholders over this period?
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Related Book For
Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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