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A firm has an ROE of 12%, a debt/equity ratio of 0.8, a tax rate of 30%, and an interest rate on debt of 6%.
A firm has an ROE of 12%, a debt/equity ratio of 0.8, a tax rate of 30%, and an interest rate on debt of 6%. What is the firm's ROA?
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
