The future eamings, dividends, and common stock. price of Callahan Technologies the, are expected to grow 5% per yeac Callahan's common stock currently sells for s24, so bet share: its last dividend was 32.40; and it will pay a $2.52 dividend at the end of the current year. a. Using the DCf approsch, what is its cost of common equity? Do not round intermediate calculations. Round yout answer to two decimal places. b. If the firm's beta is 0.8, the risk free rate is 6%, and the average retum on the market is 12%, what will be the firm's cost of common equity using the CapM approsch? Round vour answer to two decimal places. calculations. Round your answer to two decimal ploces. d. If you have equal confidence in the inputs used for the three opproaches, what is your estimate of Callahan's cost of common equity? Do not round intermeoiate cakulations. Found your answer to two decimal places