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A firm has a return on equity (ROE) equal to 6 percent, a debt/equity ratio equal to 50 percent, and the interest on its debt

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A firm has a return on equity (ROE) equal to 6 percent, a debt/equity ratio equal to 50 percent, and the interest on its debt equals 8 percent. If its tax rate is 40 percent, what is the firm's operating return on assets (ROA)? 5.08% O 8.40% 9.33% 14.00%

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