ANSWER QUESTION 4 PLEASE!

(BD 18-13) Prokter and Gramble (PKGR) has historically maintained a debt-equity ratio of approximately 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 0.50 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%. 1. What is PKGR's equity cost of capital? 2. What is PKGR's WACC? 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? Question 4 0.6pts What would be your answer to part 3 in the previous question if PKGR had 2.6 billion shares outstanding, its current stock price was $50 per share, and the FCF at the end of this year was expected to be $4.1 billion? Please express your answer in percentage points with 2 digits after the decimal point