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A firm has EBIT of $ 2 0 . 8 0 0 , 0 0 0 . 0 0 , total assets of $ 1
A firm has EBIT of $ total assets of $ a tax rate of percent, a cost of debt of percent, and a debtequity ratio of As discussed in class, the ROE for a levered firm is also a function of a firm's return on assets ROA for an equivalent unlevered firm, plus a leverage effect, plus a tax shelter effect. Given the information alfove, determine what percentage of the firm's total return on equity arises from the tax shelter effect.Enter your answer is decimal format, rounded to three decimal places. For example, if enter
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