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A firm has an ROE of 2%, a debt/equity ratio of 0.6, a tax rate of 30%, and pays an interest rate of 8% on
A firm has an ROE of 2%, a debt/equity ratio of 0.6, a tax rate of 30%, and pays an interest rate of 8% on its debt. What is its operating ROA?
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Finance For Managers
Authors: E. Martinez Abascal
1st Edition
0077140079, 9780077140076
