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ane Corp. has a return on assets of 8%. It plans to issue bonds at 5% and use the cash to repurchase common stock. Identify

ane Corp. has a return on assets of 8%. It plans to issue bonds at 5% and use the cash to repurchase common stock. Identify the ombined effect of these transactions on each of the following: Net income Return on common stockholders' equity Income taxes

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