2. General Motors stock is expected to earn $5.60 per share (EPS) next year, and will pay out a dividend of $3.12 per share. Last year, EPS and dividends paid were $5.25 and $3.00 per share, respectively. The firm has an expected constant growth rate in future dividends of 4%. Compute the value of GM using 7.5% as the required return on equity. Closest to: a) $60 b) $75 c) $86 d) $89 3. Intel common stock has an annual standard deviation of 24% and a beta of 1.45. The expected return on the market portfolio is 9.5% with a standard deviation of 18%, and the risk free rate is 1.5%. The required return on Intel stock is: a) 15.275% b) 14.50% c) 11.60% d) 13.10% e) 13.45% 4. Reta forth