Question: please work it for me not in a computer Question Five The earnings, dividends and stock price of Apel Technologies Inc. are expected to grow

please work it for me not in a computer

Question Five The earnings, dividends and stock price of Apel Technologies Inc. are expected to grow at 5% per annum in the future. Apel's common stock sells for GH/23 per share, its last dividend was GH/2, and the company will pay a dividend of GH/2.14 at the end of the current year. a. Using the discounted cash flow approach, determine the cost of equity. b. If the firm's bond earns a return of 12%, what will the cost of equity be using the bond-yield-plus-risk-premium approach? Use a risk premium of 4%. c. If the firm's beta is 1.2, the risk-free rate is 9% and the average return on the market is 13%, what is the firm's cost of common equity using CAPM approach

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