ROE and recapitalization At the beginning of the year you invest $30,000 of your own monoy plus $30,000 that you borrowed at 8% interest to purchase $60,000 worth of Gofast stock, which earns a feturn of 15%. You pay taxes on the monoy you make on the stock at the rate of 20%, but you can deduct the interest you pay on your loan from your stock incorne bofore calculating your tax bill. a. Caiculate your net afler-tax return on these positions: b. What would your after-tax retum have been if you had never borrowed money and had imvested just $30,000 in GoFast stock? a. Your net after-tax resum on these positons is X. (Round to two docimal placess) K. (Round to two docimal placony)