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Detached house development project has 20 units. The house price is 12,000,000 Baht per unit. Total fixed cost of the project is 100,000,000 Baht and

Detached house development project has 20 units. The house price is 12,000,000 Baht per unit. Total fixed cost of the project is 100,000,000 Baht and total variable cost of the project is 48,000,000 Baht. Debt to equity (D/E) ratio of the project is 0.3 time. What is the projects return on investment (ROI)

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