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a firm requires an investment of $22,000 and will return $26,000 after one year. If the firm borows $10,000 at 6% what is the return

a firm requires an investment of $22,000 and will return $26,000 after one year. If the firm borows $10,000 at 6% what is the return on levered equity?

a) 34%

b) 39.7

c) 22.7

d) 28.3

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