Question
Pfizer announced to pay $1.5 per share in dividends in the coming year. Analysts expect dividends to grow by 8% per year (forever). The estimated
Pfizer announced to pay $1.5 per share in dividends in the coming year. Analysts expect dividends to grow by 8% per year (forever). The estimated opportunity cost of equity is 10%. If the stock of Pfizer is trading for $53, what would you recommend? (Select the best choice(s) below.) A. I recommend buying Pfizer because the stock price is under valued B. I recommend to short sell Pfizer because I expect a decrease in the stock price C. I need to know the book value of the stock price to make a recommendation D. I recommend selling Pfizer because the stock price is over valued Vu par Inass Rouly 09:52 Entrer
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