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A) B) Microsoft just paid a dividend of $3 per share. The price of the stock is $317. Dividends are expected to grow at 3%,

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B)

Microsoft just paid a dividend of $3 per share. The price of the stock is $317. Dividends are expected to grow at 3%, forever. Calculate the implied rate of return on this investment. (Enter percentages as decimals and round to 4 decimals) Darden Inc. just paid a dividend of $3.25. The dividends are expected to grow at 3% forever, and investors require a 6% rate of return on their investment. Calculate the price per share. (Round to 2 decimals)

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