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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 5.7% and the expected market

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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 5.7% and the expected market return is 15.3%, what is the cost of equity for Stan if the beta of the stock is a. 0.75? b. 0.92? c. 0.99? d.1.43

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