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A firm requires an investment of $18,000 and will return $25,000 after one year. If the firm borrows $12,000 at 8% what is the return
A firm requires an investment of
$18,000
and will return
$25,000
after one year. If the firm borrows
$12,000
at
8%
what is the return on levered equity?
A.
120.8%
B.
100.7%
C.
80.5%
D.
140.9%
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