Minder Industries stock has a beta of 1.08. The company just paid a dividend of S.65- and the dividends are expected to grow at 4 percent. The expected return on the market is 10.5 percent, and Treasury bills are yielding 3 stock price for the company is $72. 3.4 percent. The most recent a. Calculate the cost of equity using the DCF method. b. Calculate the cost of equity using the SML method