o Wholesale's stock has a 50% chance of producing a 25% return during 'boom es a 30% chance of producing a 10% return during an average economy, and a 20% chance of producing a -29.25% return during a recession. What is the firm's expected rate of return? a. 9.41% b. 9.65% C 9.90% d. 10.15% e. 10.40% 25. You are assessing the common stock of French pharmaceutical company Sanofi AG. IF you determine that's' (which is constant) = 3.5%, D, $2.25, and P = $50, what is the stock's expected dividend yield for the coming year? a. 4.42% b. 4.66% C. 4.89% d. 5.13% e. 5.39% 26. Based on the corporate valuation model, General Mills has a total corporate value of $1,200 million. The company's balance sheet shows $150 million of notes payable, $350 million of long-term debt, $100 million of preferred stock, 5680 million of retained earnings, and $900 million of total common equity. If the company has 18.68 million shares of stock outstanding what is the best estimate of its value per share? a b. c. d. e. $21.90 $24.33 $27.50 $29.44 $32.11 27. General Motors is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investment's coefficient of variation? a 0.67 0.73 C 0.80 d. 0.89 e 0.98 28. If a common stock has an earnings yield of 5%, this would imply that its price-to- earnings ratio is: a 4 b. 8 C20 d 25 e. 40