Chapter 13 1. Suppose Microsoft, Inc. was trading at $27.29 per share. At that time,...

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Chapter 13 1. Suppose Microsoft, Inc. was trading at $27.29 per share. At that time, it pays an annual dividend of 80.32 per share, and analysts have set a 1-year target price around $33.30 per share. What is the expected return on this stock

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