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(12-4) FINANCIAL LEVERAGE Gourmet Foods To Go has the following financial information: Gourmet Foods decides to borrow $2,000,000 at a 7% interest rate and, with

image text in transcribed (12-4) FINANCIAL LEVERAGE Gourmet Foods To Go has the following financial information: Gourmet Foods decides to borrow $2,000,000 at a 7\% interest rate and, with the proceeds, buy back $2,000,000 worth of stock. Calculate return on equity before and after the loan and buyback is made

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