Given information for General Motors: Cost of debt General Motors (from the footnotes to the financial statements) 2.80% Beta for General Motors (from Yahoo or other financial sources) 1.39 Normalized risk free rate of return in the market (observing the 10 rate on government issued securities)3.00% Equity risk premium (from historical studies of the market) 5.00% Market value of debt (use book or amount disclosed in the footnotes if different) $ 109,379 Number of common shares outstanding 1,460 Market price of the common stock (on July 13, 2021) $ 31.81 Market value of equity (number of shares times the stock price)