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Refer to the Table below in order to compute the expected share price of Microsoft (MSFT) at the end of 2020 by employing the

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Refer to the Table below in order to compute the expected share price of Microsoft (MSFT) at the end of 2020 by employing the price ratio analysis. Assuming that the historical average growth rates will remain the same for 2020. Year Price EPS CFPS SPS 2014 $94.50 $3.34 $6.27 $42.60 I 2015 $100.50 $5.05 $8.79 $59.25 2016 $99.10 $2.25 $7.81 $75.90 2017 $87.90 $6.06 $12.10 $60.69 2018 $212.50 $7.00 $11.89 $71.60 2019 $136.80 $9.00 $31.10 $87.70

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