The future earnings, dividends, and common stock price of Caliahan Technologies inc- are expected to grow 8% per year. Casahan's common stock irrently selis for $21,25 per share; its last dividend was $2.50; and it will pay a $2.70 dividend at the end of the current year a. Using the DCF approach, what is its cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places. b. If the firm's beta is 2.2 , the risk-free rate is 4%, and the average return on the market is 14%, what wibl be the firm's cost of common equity using the CAPM approoch? Round your answer to two decimal places. c. If the firm's bonds earn a return of 12%, based on the bond-yield-plus-risk-premium approach, what will be ra? Use the judgmental risk premium of 4% in your calculations. Round your answer to two decimal places. d. If you have equal confidence in the inputs used for the theee approaches, what is your estimate of Callahan's cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places