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A firm requires an investment of $25,000 and will return $36,500 after 1 year. If the firm borrows $20,000 at 10% what is the return

A firm requires an investment of

$25,000

and will return

$36,500

after 1 year. If the firm borrows

$20,000

at

10%

what is the return on levered equity?

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