future earnings, dividends, and common stock price of Callahan Technologies Inc; are expected to grow 8% per year, Caliahan's comman stock currently selis for 522.75 per hare; its last dividend was $2.50; and it will pay a $2.70 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 2i1, the riskefree rate is 4%, and the average retum on the market is 13%, what will be the firm's cost of common equity using the CAPM approach? Round your answer to two declmal places. c. If the firm's bonds earn a return of 12%, based on the bond-yield-plus-risk-premium approach, what will be fs? Use the judgmental risk premium of 4% in your calculabons. Mound your acswer to two decimal places. d. If vou hove equal confidence in the inguts used for the three appronches, what is your estimate of Caslahan's cost ot common equity? Do not round intermediate calculations. Round your answer to two decimal places