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A company has a profit margin of 1 3 % , an asset turnover ratio of 1 . 6 , and an equity multiplier ratio

A company has a profit margin of 13%, an asset turnover ratio of
1.6, and an equity multiplier ratio of 1.65, both the tax burden
and the interest burden are at 1, if the profit margin increases to
17% but the asset turnover ratio decreases to 1.1, what will be
companys new ROE? Put answers in decimal places instead of
percentage.

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