Intro Longing Toys Inc. has just paid an annual dividend of $0.52 per share. Analysts expect the firm's dividends to grow by 3% forever. Its stock price is $38 and its beta is 1.2. The risk-free rate is 3% and the expected return on the market portfolio is 10%. Its bonds have a yield to maturity of 5%, and the risk-premium of Longing's stock over its bonds is 5%. Part 1 | Attempt 1/3 for 10 pts. What is the cost of equity from retained earnings according to the DCF approach? 4+ decimals Submit Part 2 Attempt 1/3 for 10 pts. What is the cost of equity from retained earnings according to the CAPM? 3+ decimals Submit Part 3 |Attempt 1/3 for 10 pts. What is the cost of equity from retained earnings according to the bond yield plus risk premium approach? 3+ decimals Part 4 Attempt 1/3 for 10 pts. What is your best guess for the cost of equity from retained earnings , using the midpoint of the range? 3+ decimals Submit