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Confu Inc. expects to have the following data during the coming year. What is the firm's expected ROE? Capital $200,000 Interest rate 8% Debt/Capital, book

Confu Inc. expects to have the following data during the coming year. What is the firm's expected ROE?

Capital $200,000

Interest rate 8%

Debt/Capital, book value 65%

Tax rate 40%

EBIT $25,000

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