You have assigned the following values to these three firms:

Estee Lauder - Price = $44.00, Upcoming Dividend = $2.00, Growth = 6.90%, and Beta = 1.06

Kimco Realty - Price = $58.00, Upcoming Dividend = $1.46, Growth = 4.00%, and Beta = 1.48

Norstrom - Price = $13.00, Upcoming Dividend = $2.00, Growth = 9.00%, and Beta = 1.70

Assume that the market portfolio will earn 12.40 percent and the risk-free rate is 3.40 percent. Compute the required return for each company using both CAPM and the constant-growth model. (CAPM and constant-growth model answers for each of the 3 companies above).