he future earnings, dividends, and common stock price of Callahan Technologles Inc. are expected to grow 5% per year, Callahan's common stock currently seils for s26.25 per hare; its last dividend was $2.00; and it wial pay a $2.10 dividend at the end of the current year a. Using the DCF approsch, 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 1:1, the riskefree rate is 8%, and the averege return on the market is 13%, nhat will be the firmis cost of common equity csing the CApM approach? Round your answer to two decimsl places. c. If the fiem's bonds earn a return of 12%, based on the bond yiold-plus-risk-premium approach, what will be ra ? use the fudgmental risk premium of 4% in your calculations. Round your answer to two decimal ptaces. a. If you have equal confidence in the inputs used for the three opprosches, what is your estimate of Callahasis cost of common equityl Do not round intermediste calculations. Mound your answer to two decimal places