The cost of equity using the discounted cash flow (or dividend growth) approach Ford Enterprises's stock is currently selling for $45.56 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project the firm's growth rate to be constant at 7.27%. Estimating the cost of equity using the discounted cash flow (or dividend growth) approach, what is Ford's cost of internal equity? 13.05% 15.54% 12.43% 16.78%