Click here to read the eBook: The Cost of Retained Esmings, Problem Walk-Through COST OF COMMON EQUITY The future earnings, dividends, and common stock price of Collahan Technologies Inc, are expected to grow 3% per year. Callahan's common stock currently sells for $20.00 per share; its last dividend was $2.00; and it will pay a $2.06 dividend at the end of the current year. 2. Using tht DCF approach, what is its cost of common equity Round your answer to two decimal places. Do not round your intermediate calculation b. If the firm's bete is 1.50 the risk-free rate is 6%, and the average return on the mariont s 125, what will be the firm's cost of common equity using the CAPM approach Round your answer to two decimal places t. If the firm's bonds com a return of 12%, based on the bond yield-plus-risk-premium approach, what will be ? Use the midpoint of the risk premium range discussed in Section 10-5 in your calculations. Round your answer to two decimal places d. If you have equal confidence in the inputs used for the three approaches, what is your estimate of Callahan's cost of common equity? Round your answer to two decimal pinces. Do not found your intermediate calculations Click here to read the eBook: Cost of Preferred Stock, to COST OF PREFERRED STOCK Torch Industries can issue perpetual preferred stock at a price of $60.00 share. The stock would pay a constant annual dividend of $7.00 a share. What is the company's cost of preferred stock, Round your answer to two decimal places