Microsoft paid the following annual dividends over the last 5 years: The next dividend is expected 12 months from now. If you can expect a return of 8% from investments of similar risk, what is the intrinsic value of the stock? Part 3 (1) Attempt 1/10 for 10 pts. If you can expect a return of 14% from investments of similar risk, what is the intrinsic value of the stock