Based on Googol Inc.'s and financial markets' information in the table below... Googol Inc.'s current price per share of stock = $80 Expected market risk premium = 13% Googol Inc.'s dividend per share next year = $4.284 Risk-free interest rate = 3% Googol Inc.'s expected annual growth of dividend Googol Inc.'s stock Beta = 1.7 per share = 2% ...answer the following questions. Googol Inc.'s cost of equity using DIVIDEND GROWTH MODEL APPROACH equals: (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 12.34. Percent, not decimals!) (a) 26.80% (b) 23.40% (c) 20.00% (d) 9.46% (e) 7.36% One of the disadvantages of the dividend growth model approach is that... (a) ...it considers riskiness of stock returns (b) ... it does not take equity risk level into account (c) ...all elements of the formula are expectations about the future which is uncertain