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In an effort to further diversify, you are considering investing in shares of Pfizer, a company that has become quite well-known during the pandemic. The

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In an effort to further diversify, you are considering investing in shares of Pfizer, a company that has become quite well-known during the pandemic. The company recently paid a dividend of $5.00, which is expected to increase annually by 5%. The share is currently selling for $65.00. Compute the required return of this share. Given that your required return on common share investments is 15%, would you purchase this stock? 5 Marks

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