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e . What would the company s FY 3 ROE have been had the company not repurchased $ 4 1 2 , 0 2 2

.

What would the company

s FY

3

ROE have been had the company not repurchased $

412, 022

thousand of common stock during the year? Assume the repurchase had no effect on net income. Round percentage to one decimal place.

(

Ex:

31.6 %)

Answer

20

%

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