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A firm has an ROE of 15%, a debt/equity ratio of .65, a tax rate of 30%, and pays an interest rate of 7.5% on
A firm has an ROE of 15%, a debt/equity ratio of .65, a tax rate of 30%, and pays an interest rate of 7.5% on its debt. What is its operating ROA?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
