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Bartman Industries and Reynolds Inc.'s stock prices and dividends, along with the Winslow 5000 Index, are shown here for the period 20152020. The Winslow 5000

Bartman Industries and Reynolds Inc.'s stock prices and dividends, along with the Winslow 5000 Index, are shown here for the period 20152020. The Winslow 5000 data are adjusted to include dividends.

Bartman Industries Reynolds Inc. Winslow 5000
Year Stock Price Dividend Stock Price Dividend Includes Dividends
2020 $17.20 $1.15 $47.00 $2.90 $11,227.31
2019 14.55 1.06 50.15 2.85 8,529.78
2018 16.35 1.00 47.00 2.75 8,423.54
2017 10.55 0.95 54.10 2.45 6,310.29
2016 11.22 0.90 57.25 2.30 5,441.46
2015 7.47 0.85 52.80 2.00 4,560.58

Do not round intermediate calculations. Round your answers to two decimal places.

6. Assume that the risk-free rate on long-term Treasury bonds is 4.5%. Assume also that the average annual return on the Winslow 5000 is not a good estimate of the market's required returnit is too high. So use 10% as the expected return on the market. Use the SML equation to calculate the two companies' required returns. Round your answers to two decimal places.

Bartman's required return: fill in the blank 33 %

Reynolds's required return: fill in the blank 34 %

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