Assume Barnes' Boots has a debt-equity ratio of.52. The firm uses the capital asset pricing model to determine its cost of equity. Accordingly, the firm's estimated cost of equity: Would be unaffected if the dividend discount model were applied instead. Implies that the firm pays out all of its earnings to its shareholders. Will be unaffected by changes in overall market risks. Is affected by the firm's rate of growth projections. Is dependent upon a reliable estimate of the market risk premium