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Suppose the expected returns on equity of two firms, Macrosoft and Microsoft, that operate in the same business are 10.50% and 13.00%, respectively. What is

Suppose the expected returns on equity of two firms, Macrosoft and Microsoft, that operate in the same business are 10.50% and 13.00%, respectively. What is the return on assets in this business if Macrosoft has no debt? (Allow two decimals in the percentage but do not enter the % sign.

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