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Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond - yield - plus - risk - premium approach,

Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond-yield-plus-risk-premium approach, and the DCF model. Barton expects next year's annual dividend, D1, to be $1.80 and it expects dividends to grow at a constant rate gL =3.4%. The firm's current common stock price, P0, is $22.00. The current risk-free rate, rRF,=4.1%; the market risk premium, RPM,=5.4%, and the firm's stock has a current beta, b,=1. Assume that the firm's cost of debt, rd, is 7.14%. The firm uses a 3.4% 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? Do not round intermediate calculations. Round your answers to 2 decimal places.
CAPM cost of equity: %
Bond-Yield-Plus-Risk-Premium: %
DCF cost of equity: %

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