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Given the following information regarding Pfizers common equity, determine the cost of equity capital using the DCF approach. Pfizers Dividend: $1.44 Constant Growth Rate: 6%
Given the following information regarding Pfizers common equity, determine the cost of equity capital using the DCF approach. Pfizers Dividend: $1.44 Constant Growth Rate: 6% Current Market Price: $43.97 A. 9.47% B. 9.27% C. 3.47% D. 3.27%
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