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Stan is expanding his business and will sell common stock for the needed funds. If the current risk-free rate is 6.6% and the expected market

Stan is expanding his business and will sell common stock for the needed funds. If the current risk-free rate is

6.6% and the expected market return is 16.3%, what is the cost of equity for Stan if the beta of the stock is

0.53?

0.86?

0.98?

1.19?

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