Prokter and Gramble (PKGR) has historically maintained, and currently has, a debt-equity ratio of 0.25. Its current stock price is $56 per share, with 2.4 billion shares outstanding. The firm enjoys very stable demand for its products, and consequently, it has a low equity beta of 0.5 and can borrow at 4.25%, just 25 basis points over the risk-free rate of 4%. The market risk premium is 6%, and PKGR’s tax rate is 20%.   What is PKGR’s equity cost of capital? [ Select ] 10% 7% 6% What is PKGR’s WACC?  [ Select ] 4.1% 5.5% 6.3% 4.3% This year, PKGR is expected to have free cash flows of $5 billion. What constant expected growth rate of free cash flow is consistent with its current stock price? [ Select ] 2.9% 4.1% 3.3% 2.7%多重下拉选择题

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