Quantitative Problem: Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond-yield-plus-risk-premium approach, and the DCF model. Barton expects next year's annual dividend, D, to be $1.70 and it expects dividends to grow at a constant rate 9-5.6%. The firm's current common stock price, Pa, is $25.00. The current risk-free rate, ras, -4.6%; the market risk premium, RPM, -6.0%, and the firm's stock has a current beta, b, 1.30. Assume that the firm's cost of debt, rd, is 9.40%. The firm uses a 3.0% risk premium when arriving at a ballpark 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 approaches? 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? -Select