Floyd industries stock has a beta of 1.20. the company just paid a dividend of $.50 and the dividends are expected to grow at 6 percent per year. the expected return on the market is 11 percent, and treasury bills are yielding 5.9 percent. the most recent stock price for the company is $76. a. calculate the cost of equity using the dividend growth method. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. calculate the cost of equity using the sml method. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)