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A firm uses 30,000$ in debt and 50,000$ in equity to finance its assets, and has a return on assets equal to 10%. What is
A firm uses 30,000$ in debt and 50,000$ in equity to finance its assets, and has a return on assets equal to 10%.
What is the return on equity?
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
