PREMIUM

$-$ MSFT currently has a required rate of return of $15\%$ and has a dividend which is expected to grow at a constant rate going forward. MSFT pays $70\%$ of its earnings as dividends and earnings are expected to be $$10$ next year. The current stock price of MST is $$55\mathrm{.}56.$

o MSFT$\text{'}$s Return on Equity