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Go to Yahoo Finance, and search for MSFT (MSFT). Click on the historical Data tab, and pull the last 5 years of dividend (not stock
- Go to Yahoo Finance, and search for MSFT (MSFT). Click on the historical Data tab, and pull the last 5 years of dividend (not stock price) data into excel. Calculate the yearly dividend payout using the trailing 12-months (does not have to correspond to calendar year).
- If you use the most recent annual growth rate (not the average calculated in part a), what is the required rate that yields a price closest to the current trading price?
- If MSFT decides to not increase their dividend anymore, and keep it at $5 a year indefinitely, what is the price of the stock if investors require an 18% return?
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