The beta of gm is 17 gm just paid a dividend of 15 dollars


Suppose currently T-bill rate is 2% and S&P 500 return is 10%. The beta of GM is 1.7. GM just paid a dividend of 1.5 dollars per share, and dividend growth rate of 10%. What is the intrinsic value of GM stock per share?

A. 23.74

B. 15.58

C. 26.79

D. 29.46

If you can, please show the work

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Business Economics: The beta of gm is 17 gm just paid a dividend of 15 dollars
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