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Use the information in the following table. Assume that the market portfolio will earn 9.0 percent and the risk-free rate is 2.3 percent. PRICE UPCOMING

Use the information in the following table. Assume that the market portfolio will earn 9.0 percent and the risk-free rate is 2.3 percent.

PRICE UPCOMING DIVIDEND GROWTH BETA
Estee Lauder $40.90 $0.62 15.1% 1.10
Kimco Realty 53.60 0.89 4.4 1.60
Nordstrom 4.25 2.50 12.4 1.95

Compute the required return for each company using CAPM model. (Round your answers to 2 decimal place. Omit the "%" sign in your response.)

Required return
Estee Lauder %
Kimco Realty %
Nordstrom %

Compute the required return for each company using constant growth model. (Round your answers to 2 decimal places. Omit the "%" sign in your response.)

Required return
Estee Lauder %
Kimco Realty %
Nordstrom %

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