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q:11 What is the ROE for a firm with a times interest earned ratio of 2, a tax liability of $1 million, and interest expense

q:11 What is the ROE for a firm with a times interest earned ratio of 2, a tax liability of $1 million, and interest expense of $1.68 million if equity equals $1.68 million?

23.81%
25.22%
33.60%
40.48%

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