RISA FINANCIAL LEVERAGE EFFECTS Firma Hand Lareittentical except for their financial leverage ratios and the interest rates they pay on debt. Each has 511 million in invested capital, has 32.2 milion net and is in the 40% federal-plus-state tax bracket Firm HL, however, has a debt-to-capital ratio of Sow and pays 11 Interest on its debt, whereas LL has a 40% debt-to-capital ratio and pays only 996 interest on its debt. Neither firm uses preferred stock in its capital structure. Calculate the return an invested capital (ROIC) for each firm. Round your answers to two decimat places, ROIC for firm LLIS ROIC for firm HLIS b. Calculate the rate of return on equilty (ROE) for each firm. Round your answers to two decimal places, ROE for firmi ROE for firm HLs c. Observing that he has a higher ROELL's treasurer is thinking of raising the debt-to-capital ratio from 40% to 60% even though that would increase L's interest rate on debt to 15%. Calculate the new ROE for LL Round your answer to two decimal places