Question 5 1 pts Questions 5-8 are based on the following information. The market consensus is that Grandma Corporation has an ROE 9%, has a beta of 1.25, and plans to maintain indefinitely its traditional dividend payout ratio of 1/3. This year's earnings were $3 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 14%, and T-bills currently offer a 6% return. 5. The required return on Grandma stock based on CAPM is 14% 6% 16% o 10%