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Firm A and Firm B have debt-total asset ratios of 26 percent and 16 percent, respectively, and returns on total assets of 7 percent and
Firm A and Firm B have debt-total asset ratios of 26 percent and 16 percent, respectively, and returns on total assets of 7 percent and 12 percent, respectively. What is the return on equity for Firm A and Firm B? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
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The Dark Side Of Valuation
Authors: Aswath Damodaran
2nd Edition
0137126891, 9780137126897
