paigejohnson2029 paigejohnson2029

22-03-2024
Business

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A firm has an ROA of 15%, a debt/equity ratio of 0.70, a tax rate of 25%, and the interest rate on the debt is 12%. The firm's ROE sis
a.12.825%
b.10.50%
c.11.56%
d. None of the above

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