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Problem 14-13 18 A firm has an ROE of 2%, a debt/equity ratio of 0.4, a tax rate of 40%, and pays an interest rate

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Problem 14-13 18 A firm has an ROE of 2%, a debt/equity ratio of 0.4, a tax rate of 40%, and pays an interest rate of 7% on its debt. What is its operating ROA? (Do not round intermediate calculations.Round your answer to 2 decimal places.) ROA points Skipped

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