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A firm has an ROA of 8% and a debt/equity ratio of 1.5; its ROE is __________ if it faces a tax rate of 20%
A firm has an ROA of 8% and a debt/equity ratio of 1.5; its ROE is __________ if it faces a tax rate of 20% and pays 6% on its debt obligations.
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The Routledge Handbook Of FinTech
Authors: K. Thomas Liaw
1st Edition
0367263599, 978-0367263591
