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5. Skynet has equity with a market value of $1.2 billion and debt with a value of $600 million. Skynet's ROA is 12% and its
5. Skynet has equity with a market value of $1.2 billion and debt with a value of $600 million. Skynet's ROA is 12% and its cost of debt is 7%. What is Skynet's Return on Equity? Assume Skynet's tax r...
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