average of the three methods. Judgment is important and comes into play here, as is true for most destor a n Quantitative Problem: Barton Industries estimates its cost of common equity by using three approaches: the CAP, the bond yield-plus -premium orch, and the DO model. Barton expects next year's annual dividend, D, to be $1.90 and it expects dividends to grow at a constant rate g - 5.6%. The firm's current common stock price, Pois $24.00. The current risk-free rate, nu. - 4.6%; the market risk premium, RP. - 5.9%, and the firm's stock has a current beta, b, - 1.1. Assume that the firm's cost of debt, d. is 8.45. The firm uses a 3.9% risk premium when arriving at a ballpark estimate of its cost of equity using the bond-yield-plus-risk-premium approach. What is the firm's cost of equity using each of these three approaches? Round your answers to 2 decimal places CAPM cost of equity Bond yield plus risk premium DCF cost of equity: What is your best estimate of the firm's cost of equity