QUESTION 6 The current rate of return on US Treasury Bills is 2.10% The average return on the S&P 500 Index is 11.75% The beta of the Ringo Corporation is 1.45 The growth rate in dividends is 5%. The current dividend paid is $3.75 per share. The current Price of Ringo Stock is $32 Based on the data given, what is the required Rate of Return on Ringo Stock? Use the CAPM to solve. a. 17.10% b. 10.69% O c. 15.25% d. 16.0996