Templeton's common stock currently sells for $46 per share. Its last dividend was $2.50 and is expected to grow at a constant rate of 6%. If the firm's beta is 1.31, the risk-free rate is 3.5% and the market premium is 6.2%, what will be the firm's cost of common equity using the CAPM approach? What is the firm's cost of common equity using the DCF approach? 12.25%; 11.76% 10.50%; 11.65% 11.62% : 11.76% 11.62%: 11.44% 12.25%: 11.44%