ginger industries stock has a beta of $1\mathrm{.}30...$ Ginger Industries stock has a beta of $1\mathrm{.}30.$ The company just paid a dividend of $\backslash (\backslash$$ $\mathrm{.}30\backslash ),$ and the dividends are expected to grow at $4$ percent. The expected return on the market is $13$ percent, and Treasury bills are yielding $\backslash (4\mathrm{.}8\backslash )$ percent. The most recent stock price for the company is $\backslash (\backslash$$ $65\backslash ).$ a$.$ Calculate the cost of equity using the DGM method. $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$ b$.$ Calculate the cost of equity using the SML method. $($Do not round Intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$