Question
the last five year annual dividend of microsoft has been: $1.44, $1.54, $1.68, $1.84 and most recently $2.04. If the arithmetic average of four annual
the last five year annual dividend of microsoft has been: $1.44, $1.54, $1.68, $1.84 and most recently $2.04. If the arithmetic average of four annual dividend growth rates is assumed to be the perpetual dividend growth rate and if the current price of Microsoft is $249.30. Then what is the discount rate?
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
27th edition
978-1337272094, 1337272094, 978-1337514071, 1337514071, 978-1337899451
