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 5.5% and the expected market return is 14.3%, what is the cost of equity for Stan if the beta of the stock is a. 0.61 ? b. 0.94 ? c. 1.04 ? d. 1.28 ? a. What is the cost of equity for Stan if the beta of the stock is 0.61 ? % (Round to two decimal places.)