Industries has a beta of.96. The marketlrisk premium is 7.1 percent, and T-bills are currently yielding 4.1 percent. Stock in cps CDB's most recent dividend was $2.50 per share, and dividends are expected to grow at an annual rate of 5.1 percent The stock sells for $47 per share. using the CAPM, what is your estimate of the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) Cost of equity 196 Using the dividend discount model, what is your estimate of the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.32.16.) Cost of equity What is your best estimate of the company's cost of equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) Cost of equity