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A company has a net profit margin of 5 % , an asset turnover ratio of 2 . 0 , and a leverage ratio of

A company has a net profit margin of 5%, an asset turnover ratio of 2.0, and a leverage ratio of 1.7. If the company increases the use of leverage to a ratio of 2.0,.which is for every $1 of equity you control $2 in aasets, it's new ROE should be?
Answer to one decimal point. (e.g.30.123%=30.1 No percentage sigm and only one (1) decimal place.

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