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16 What is the return on equity for a firm with 10% return on assets, 7% return on debt, and a 0.5 debt-equity ratio? a.
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What is the return on equity for a firm with 10% return on assets, 7% return on debt, and a 0.5 debt-equity ratio? a. 11.5% b. 13.00% c. 15.75% d. 16.25%Step by Step Solution
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