You have assigned the following values to these three firms: Price Upcoming Dividend Growth Beta Estee Lauder $ 54.00 $ 2.00 15.50 % 0.68 Kimco Realty 64.00 1.66 14.00 1.62 Nordstrom 7.50 0.70 5.00 1.81 Assume that the market portfolio will earn 14.50 percent and the risk-free rate is 4.50 percent. Compute the required return for each company using both CAPM and the constant-growth model. (Do not round intermediate calculations and round your final answers to 2 decimal places.)

CAPM Constant-growth model

Estee Lauder required return % %

Kimco Realty required return % %

Nordstrom required return % %