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Consider a firm with the financial characteristics below: Return on assets (ROA) =10 percent Ddebt ratio = 20 percent Growth rate (g) = 6 percent
Consider a firm with the financial characteristics below: Return on assets (ROA) =10 percent Ddebt ratio = 20 percent Growth rate (g) = 6 percent Current stock price = $36 per share The firm's return on equity (ROE) is closest to: 15.0%. a. b. 2.5%. 12.5%. C
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