Here are data for Microsoft Inc.. (MSFT) Stock price Prospective earnings/share Dividends/year Beta MSFT $214.20 $6.20 $ 2.24 0.82 Risk-free rate of return: Stock market rate of return: 0.5%=0.005 9.5%=.095 a. MSFT's Price/Earnings ratio = 34.54839 b. Calculate a discount rate to value MSFT's cash flows using the Capital Asset Priceing Model (CAPM). r ITNC = C. Using the Dividend Discount Model based on this years dividend $2.24/share and the MSFT discount rate you calculated in part c what should the shares of MSFT be worth? PV Div. Disct d. Using the Dividend Growth Model based on this years dividend $2.24/share, an expected growth rate for dividends of 6.0%/year, and the MSFT discount rate you calculated in part c what should the shares of MSFT be worth? PV Div. Growth e. On the basis of your calculations in parts a, b, c, d, e do you believe Intel's shares are priced appropriately, too low, too high? Explain your