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Hurley Corportation expects to have the following data during the coming year. What is Hurley's expected Return on Equity (ROE) given the following information? Assets

Hurley Corportation expects to have the following data during the coming year. What is Hurley's expected Return on Equity (ROE) given the following information?

Assets = $200,000 Interest rate = 8% D/A (Debt to Assets ratio) = 65% Tax rate = 40% EBIT = $25,000

A. 12.51%

B. 13.14%

C. 13.80%

D. 14.49%

E. 15.21%

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