The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 396 per year Callahan's common stock currently sells for $22.75 per share its last dividend was $2.00; and it will pay a $2,06 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. In the firm's beta i 1.0, the risk free rate is 99, and the average return on the market is 1396, what will be the firm's cost of comtion equity using the CAPM approach? Round your answer to two decimal places cut the firm's bonds earn a retorn at 119, bied on the hond yield-plus-risk-premium approach what will be rey Use the midpoint of the risk premium fange dscussed in Section 105 in your calculations. Round your answer to two decimal places out you have equal confidence in the inputs used for the three approaches, what is your estimate of Callshan's cost of common equity Do not found intermediate calculations. Round your answer to two decimal places