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Cost of equity: SML. Stan is expanding his business and will sell common stock for the needed funds. If the current risk-free rate is 6.5%

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Cost of equity: SML. Stan is expanding his business and will sell common stock for the needed funds. If the current risk-free rate is 6.5% and the expected market return is 13.8%, what is the cost of equity for Stan if the beta of the stock is a. 0.58 ? b. 0.92 ? c. 0.98 ? d. 1.14

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