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Question: Microsoft, Inc. is trading at $27.27 per share. It pays an annual dividend of $0.22.That's twice as much as it was paid last year.

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Microsoft, Inc. is trading at $27.27 per share. It pays an annual dividend of $0.22.That's twice as much as it was paid last year.

If this trend is expected to continue, what is the required return on Microsoft?

Select the correct answer:

a.1 %

b.11 %

c.101 %

d.102 %

e.2 %

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