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 4,2%. The firm's current common stock price, PO is $28.00. The current risk-free rate, r F 4.7%; the market risk premium, R M 6%, and the 's stock has a cu ent beta, b 1.2 Assume that the firm's cost of debt r s 7.26% The firm uses a 4% risk premium when am ving at a ballpark estimate of its cost of equity using the bond-yield plus isk premium approach w 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 What is the 3% 3% 3 9% Bond-Yield-Plus-Risk-Premium: DCF cost of equity