The earnings, dividends, and stock price of a firm are expected to grow by 5% per year in the coming years. The firm's common stock sells for $24 per share. The company's last year's dividend was $2 per share. The company will pay a divided of $2.16 per share at the end of this financial year. a) What is the company's cost of equity from retained earnings (ks) using the Discount Cash Flow approach? . b) If the firm's beta is 1.5, the risk-free rate is 11%, and the average return on the market is 12%, what is the company's cost of equity (ks) from retained earnings using the CAPM approach? c) If the bond of the company earns a return of 11%, what will ks be if the risk premium is 1% using the Bond-Yield-Plus-Risk-Premium approach? d) Based on the results from parts a) through c), what would you estimate the firm's cost of retained earnings ks to be? NOTE: Show your working and provide your answers in % form to 2 decimal places