Which of the following statements regarding the cost of equity is correct?

	a.	The SML approach generally relies on the past to predict the future
	b.	The SML approach does not consider the amount of systematic risk associated with the firm or stock under consideration
	c.	Dividends growth model is applicable only when dividends arent growing at a reasonably constant rate
	d.	Dividends growth model is applicable to companies currently not paying dividends