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A company has: book value of equity =$10 million. $1 million short term debt with 3% interest rate and $5 million long term debt with

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A company has: book value of equity =$10 million. $1 million short term debt with 3% interest rate and $5 million long term debt with 4% interest rate. EBIT=5 million. Tax rate =20%. What is the firm's ROE? 30.22%39.58%35.12%38.16%

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