Required: (a) Estimate the company's cost of equity capital using CAPM. (3 marks) (b) Draw and briefly define the security market line (SML). (2marks) (c) Extrapolate a past growth rate. (2 marks) (d) Estimate the current price of the company's shares. (3 marks) (e) State clearly any limitations and assumptions that you made in your calculations. (2 marks) Required: (a) Estimate the company's cost of equity capital using CAPM. (3 marks) (b) Draw and briefly define the security market line (SML). (2marks) (c) Extrapolate a past growth rate. (2 marks) (d) Estimate the current price of the company's shares. (3 marks) (e) State clearly any limitations and assumptions that you made in your calculations. (2 marks)