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Cost of equity: SML. Stan is expanding his business and will sell common stock for the needed funds the current nok free rate is 4.9%

Cost of equity: SML. Stan is expanding his business and will sell common stock for the needed funds the current nok free rate is 4.9% and the expected market retum is 12.4% a. What is the cost of equity for Stan if the beta of the stock is 0.52? % (Round to two decimal places)

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