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A company has a net profit margin of 15% on sales of 20,000,000. If the firm has debt of 7,500,000, total assets of 22,500,000 and
A company has a net profit margin of 15% on sales of 20,000,000. If the firm has debt of 7,500,000, total assets of 22,500,000 and an after tax interest cost on total debt of 5%, what is the firms ROE?
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