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A firm has an ROA of 1 4 % , a debt / equity ratio of 1 . 0 , a tax rate of 0

A firm has an ROA of 14%, a debt/equity ratio of 1.0, a tax rate of 0%, and an interest rate on debt of 9%. The firm's ROE is _a.19%
O b.-4%
0 c.28%
d.8%
e. none of the above

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