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Between November 2015 and August 2016, Microsoft paid an annualised dividend of $1.44 per share. If dividends kept growing at a rate of 12% and

Between November 2015 and August 2016, Microsoft paid an annualised dividend of $1.44 per share. If dividends kept growing at a rate of 12% and the rate of return of Microsofts equity were assumed to be 14.54%, what would be the price of a single share?

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