Consider the following case: Wizard Co. is a small company and is considering a project that will require $500,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 25%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $145,000? 18.49% 21.75% 22.84% 23.93% Determine what the project's ROE will be if its EBIT is -540,000. When calculating the tax effects, assume that wizard Co. as a whole will have a large, positive income this year. . -6.90% 6.60W -7.20 -6.0 Wirard Co. is also considering financing the project with 50% equity and 50% debt. The interest rate on the company's debt will be 12 What we the project's ROE if it produces an EBIT of $145,000 34.50% 37.95 39.67%