The future earnings, dividends, and common stock price of Callahan Technologies Inc, are expected to grow 6% per yeaf. Callahan's commen stock currently seis for $28.25 per share; its last dividend was \$2.00; and it will pay a \$2.12 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 0.8 , the riskefree rate is 3%, and the average return on the market is 12%, what will be the firm's cost of common equity using the CAPM approach? Round your answer to two decimal places. \% c. If the firm's bonds earn a return of 1095 , based on the bond-yield-plus-risk-premium approach, what will be r,? 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 three approaches, what is your estimate of caltahan's cost of common equity? Do not round intermediate calculations. Round your answer to two decimal ploces