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A firm has a ROE of 3%, a debt-to-equity ratio of .5, and a tax rate of 20% and pays an interest rate of 6%
A firm has a ROE of 3%, a debt-to-equity ratio of .5, and a tax rate of 20% and pays an interest rate of 6% on its debt. What is its operating ROA?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
