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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 rate8% D/A65% Tax rate40% EBIT$25,000

Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE?

Assets$200,000

Interest rate8%

D/A65%

Tax rate40%

EBIT$25,000

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