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Question 1 4 ( 1 point ) Listen 9 . Cost of equity: SML . Stan is expanding his business and will sell common stock

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9. 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 4% and the expected market return is 12%, what is the cost of equity for Stan]if the beta of the stock is 0.75?
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