Question: 37. (5 points) General Motors (GM) has a current share price of $25.00, a beta of 1.25, and a dividend yield of 6%. Suppose

37. (5 points) General Motors (GM) has a current share price of $25.00, a beta of 1.25, and a dividend yield of 6%. Suppose the Treasury bill yield is 5% and the market portfolio is expected to return 14%. What is the required rate of return on GM?

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