Question: Question Five (3 points) Given the following information about the GM stock: The standard deviation of the stock returns=0.10; the standard deviation of the market
Question Five (3 points) Given the following information about the GM stock: The standard deviation of the stock returns=0.10; the standard deviation of the market returns 0.05; the correlation coefficient between the stock's return and the market returns 0.75, T-bill annual return -0.04/Market return= 0.12. Company GM has distributed $80 million out of the $100 Million that it had made as a profit. The number of outstanding shares = 10 Million. GM total Assets of $ 1 billion and total liabilities of $500 million. B I S Calculate the stock's price Eg- Soon
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