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Inbox Question 13 5 pts History An all equity firm has a return on assets (ROA) of 14.40 percent. The firm makes the decision to

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Inbox Question 13 5 pts History An all equity firm has a return on assets (ROA) of 14.40 percent. The firm makes the decision to replace 30% of its equity with debt that has a before tax cost of 8 percent (the firm's tax rate is 40 percent). Calculate the firm's new ROE after the debt has been issued and equity has been repurchased (hint: leverage effect and tax shield effects Help O 18.23% 01766% 17.37% O 18:51 O 17.4%

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