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A firm requires an investment of $20,000 and will return $26,000 after one year. If the firm borrows $12,000 at 8% what is the return

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A firm requires an investment of $20,000 and will return $26,000 after one year. If the firm borrows $12,000 at 8% what is the return on levered equity? ... O A. 88.2% B. 63% C. 75.6% O D. 50.4%

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