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1. Which of the following is true? A: A positive ROE is always good and a negative ROE is always bad. B: A higher ROE

1. Which of the following is true?

A: A positive ROE is always good and a negative ROE is always bad.

B: A higher ROE is always good and a lower ROE is always bad.

C: Both are incorrect.

2. Justify your answer for question 1.

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