The earnings, dividends, and stock price of shelty the. are expected to grow at bet per year in the future. Shelby's common stock selts for $24.75 per, share, its lat dividend was 51.50, and the company will pary a dividend of $1.62 at the end of the curtent year, a. Usina the ofiscointed cash flow approach, what is its cest of equity? Round vour answer ta two decimal places. b. If the firm's beta is 2.1, the ask.free rate is 6%, and the expected returs on the market n13%, then what woild be the fiem's cost of equity based on the CAb.4 absoach? Rownd your aniwer to two decimal places. oaint af the risk gremium range.) Hound your answer to two decimal places. d. On the baps of the results of parts a-c, what would be your estimate of Stielby's cors of equity? Assumn 5 helby values each approach equally. Rocund rout answer to tw decimal places