Given the following information compute a firm's cost of equity using the Capital Asset Pricing Model (CAPM). - Beta=2.00 - Long-term dividend growth rate =4.5% - Risk-free rate of return =3.5% - Dividend expected at the end of year 1=$2.45 - Market risk premium =6.5% - Current common stock market price =$22.00 14.50% 16.50% 10.00% 13.50%