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Cost of equity: SML Stanis expanding his business and will soll common stock for the needed funds. If the current is tree rate is 48%

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Cost of equity: SML Stanis expanding his business and will soll common stock for the needed funds. If the current is tree rate is 48% and the expected market retums 1335 a. What is the cost of equity for Stan if the beter of the stock is 0687 % (Round to two decimal places)

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