Fast and correct.

ABC Enterprise needs to determine its cost of equity capital. Use the following information to estimate the firm's cost of equity using the two methods/models which you have learned. The current market price of stock is $23, the yield on the T-bill is 3.75%, the expected return on the market portfolio is 13.50%, the firm has a constant growth rate in dividends of 3.30% per year, the most recently paid dividend is $2.00 per share, and the firm's beta is 0.95