eBook Problem Walk-Through The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 4% per year. Callahan's common stock currently sells for $25.00 per share; its last dividend was $1.50; and it will pay a 51.56 dividend at the end of the current year a. Using the DCF approach, what is its cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places % b. If the firm's beta is 1.0, the risk tree rate is 7%, and the average return on the market is 14%, what will be the firm's cost of common equity using the CAPH aderoach? Round your answer to two decimal places. c. If the firm's bonds earn a return of 10%, based on the bord Vield-plus-risk premium approach, what will be r,7 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 caual confidence in the inputs used for the three approaches, what is your estimate of Calahan's cost of common equity? Do not found intermediate calculations, Round your answer to two decimal places