= Quantitative Problem: Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond-yield-plus-risk-premium approach, and the DCF model. Barton expects next year's annual dividend, D1, to be $1.80 and it expects dividends to grow at a constant rate gL 4.3%. The firm's current common stock price, Po, is $21.00. The current risk-free rate, rRF, = 4.2%; the market risk premium, RPM, - 5.5%, and the firm's stock has a current beta, b, 1.3. Assume that the firm's cost of debt, rd, is 8.61%. The firm uses a 3.5% risk premium when arriving at a ballpark estimate of its cost of equity using the bond-yield-plus-risk-premium approach. What is the firm's cost of equity using each of these three approaches? Do not round intermediate calculations. Round your answers to 2 decimal places. - CAPM cost of equity: % Bond-Yield-Plus-Risk-Premium: % DCF cost of equity: % If you are equally confident of all three methods, then what is the best estimate of the firm's cost of equity? -Select