be futurn earnings, dividends, and common stack price of Callahan Technologies Inc, are expected to grow bos, per veat. Callahan's camimon stock irently sells for $26.25 per share; its last dividend was $2.00; and it will pay a $2.16 dividend at the end of the current years. a. Using the DCF approach, what is its cost of common equity? Do not round intermediate calculations. Round your answer to two decmal places. \$o b. If the firm's beto is 1.5, the risk-free rate is 7%, and the ayerage return on the market is 13%, what will be the firm's cost of comimon equity using the CapM approach? Round your answer to two decimal places. 4 c. If the firm's bonds earn a return of 11%, based on the bond-yield-pluscriskpremsum opproach, what will be r,? Use the juclamental nisk premium of 4% in your calculations. Round your answer to two decimal places. d. If you have equal conficence in the inputs used for the three approaches, whot ia your estimate of Callatian's cost of common equityy Do nct round intermediste calculations. Round your answer to two decimal places