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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 6.2%

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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 6.2% and the expected market return is 14.8%, what is the cost of equity for Stan if the beta of the stock is a. 0.59 ? b. 0.93 ? c. 1.02 ? d. 1.19 ? a. What is the cost of equity for Stan if the beta of the stock is 0.59 ? % (Round to two decimal places.)

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