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Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE? Assets $200,000 Interest rate 8% D/A 65% Tax
Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE?
| Assets | $200,000 | Interest rate | 8% |
| D/A | 65% | Tax rate | 40% |
| EBIT | $25,000 |
|
|
| 12.51% | ||
| 13.14% | ||
| 13.80% | ||
| 14.49% | ||
| 15.21% |
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