Practice Test 4 (Ch 14-15) Saved 15 Problem 14-23 Calculating the Cost of Equity (L01) 1 points Minder Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent. The expected return on the market is 13 percent, and Treasury bills are yielding 4.8 percent. The most recent stock price for the company is $65. eBook References a. Calculate the cost of equity using the DCF method. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the cost of equity using the SML method. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) a DCF method SML method 9 b. 96