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A firm has an ROE of 6%, a debt'equity ratio of 07. a tax rate of 35%, and pays an interest rate of 6% on

A firm has an ROE of 6%, a debt'equity ratio of 07. a tax rate of 35%, and pays an interest rate of 6% on its debt What is its operating ROA? (Do not round intermediate calculations. Round your answer to 2 decimal places.) ROA

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