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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? a. 6% b. 19.2% c. 15% d. 8% e. 18% f. 21% g. 12% h. 16%

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