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Given the following two companies and the common assumptions below:

CaffeinatedNation

Current Share Price

$$39\mathrm{.}772$

Analysts collectively think CaffeinatedNation will be able to grow earnings at $12\mathrm{.}000\%$ percent for each of the next five years.

They further expect, after Year $5,$ CaffeinatedNation will grow earnings for the foreseeable future at $4\mathrm{.}000\%$ per year.

The analysts also calculate CaffeinatedNation's equity beta as $0\mathrm{.}80.$

Assume the company has $1,000,000,000$ shares issued and outstanding, and

recently paid total dividend $$1,810,000,000$

GlitterSplitter Inc.

Current Share Price $$39\mathrm{.}852$

Analysts reviewed GlitterSplitter's recent financial reports and estimated the following:

Common Assumptions:

Market Risk Premium $,7\mathrm{.}00\%$

Real Risk$-$Free Rate $,2\mathrm{.}00\%$

Each company's Current Share Price is exactly the same as the respective current theoretical price.

Q$1.$ What is the implied Required Return for GlitterSplitter Inc.? $($round to the nearest $\mathrm{.}01\%$ or $0\mathrm{.}0001$ as decimal$)$

hint: use the CAPM with equity beta

Q$2.$ What is the implied Required Return for CaffeinatedNation? $($round to the nearest $0\mathrm{.}01\%0\mathrm{.}0001$ as decimal$)$

hint: use the CAPM with asset beta

Q$3.$ What is the Average Implied Inflation Rate? $($round to the nearest one$-$tenth of a percent or $0\mathrm{.}001$ as decimal$)$

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