Cost of equity: SML. Stan is expanding his business and will sell common stock for...
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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 4.1% and the expected market return is 12.7%, what is the cost of equity for Stan if the beta of the stock is a. 0.79? b. 0.93? c. 1.08? d. 1.23
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