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Epson expects the following financial data during the coming year: Assets: $120,000 Total debt ratio = Debt/Assets (book values): 60% EBIT: $31,000 Interest rate: 6%

Epson expects the following financial data during the coming year: Assets: $120,000 Total debt ratio = Debt/Assets (book values): 60% EBIT: $31,000 Interest rate: 6% Tax rate: 34% What is the firm's expected ROE

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