You have assigned the following values to these three firms:

Price Upcoming Dividend Growth Beta

US Bancorp $ 38.65 $ 4.85 5.80% 2.08

Praxair 80.90 1.92 21.50 1.13

Eastman Kodax 15.50 1.00 9.90 0.93

Assume that the market portfolio will earn 10.60 percent and the risk-free rate is 4.00 percent

Compute the required return for each company using both CAPM and the constant-growth model. (D not round intermediate calculations. Round your final answer to 2 decimal places.)

CAMP Constant-growth model

US Bancorp required return

Praxair required return

Eastman Kodax required return