Quantitative Problem: Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond-yield-plus-risk-premium approsch, and the DCF model. Barton expects next year's annual dividend, D1, to be $2.30 and it expects dividends to grow at a constant rate 9 . 3.2%. The firm's current common stock price, Po, is $20.00. The current risk-free rate, raf, =4.9%; the market risk premium, RPm, = 6.6%, and the firm's stock has a current beta, b,=1.35. Assume that the firm's cost of debt, re, is 11.99%. The firm uses a.3.6\%S risk premium when arriving at a bsllpark estimate of its cost of equity using the bond-yield-plus-risk-premium approach. What is the firm's cost of equity using each of these three approoches? Round your answers to two decimal places. CAPM cost of equity: Bond yield plus risk premium: DCF cost of equity? What is your best estimate of the firm's cost of equity? Quantitative Problem: Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond-yield-plus-risk-premium approsch, and the DCF model. Barton expects next year's annual dividend, D1, to be $2.30 and it expects dividends to grow at a constant rate 9 . 3.2%. The firm's current common stock price, Po, is $20.00. The current risk-free rate, raf, =4.9%; the market risk premium, RPm, = 6.6%, and the firm's stock has a current beta, b,=1.35. Assume that the firm's cost of debt, re, is 11.99%. The firm uses a.3.6\%S risk premium when arriving at a bsllpark estimate of its cost of equity using the bond-yield-plus-risk-premium approach. What is the firm's cost of equity using each of these three approoches? Round your answers to two decimal places. CAPM cost of equity: Bond yield plus risk premium: DCF cost of equity? What is your best estimate of the firm's cost of equity