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A firm has an ROA of 15%, a debt/equity ratio of 0.70, a tax rate of 25%, and the interest rate on the debt is
A firm has an ROA of 15%, a debt/equity ratio of 0.70, a tax rate of 25%, and the interest rate on the debt is 12%. The firm's ROE sis 12.825% O 10.50% 11.56% None of the above o
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