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Assume that you have a $10,000,000 business that you finance with 80% debt and 20%, equity. Assume that the business is expected to generate an

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Assume that you have a $10,000,000 business that you finance with 80% debt and 20%, equity. Assume that the business is expected to generate an overall rate of return of 10%. Assume that your cost of debt is 5%. What is your Return-On-Equity (ROE)? 10% 20% 25% 30% 3596 409

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