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Microsoft had experience abnormal growth. The company anticipates that it will grow at an abnormal rate of 20% for the next three years. after that.
Microsoft had experience abnormal growth. The company anticipates that it will grow at an abnormal rate of 20% for the next three years. after that. the growth rate will drop to match the industry's constant growth rate of 6%. If investors require 20% return and the firms dividend per share is expected to be $3 (DIV1 = $3) what should be Microsofts's stock price?
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