The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here:

MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $1,500,000, and it will be financed with a new equity issue.

The ROE on the investment would have to be percent

The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here:

Stock price	$	75
Number of shares		65,000
Total assets	$	9,400,000
Total liabilities	$	4,100,000
Net income	$	980,000

MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $1,500,000, and it will be financed with a new equity issue.

The ROE on the investment would have to be percent

The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here:

Stock price	$	75
Number of shares		65,000
Total assets	$	9,400,000
Total liabilities	$	4,100,000
Net income	$	980,000

MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $1,500,000, and it will be financed with a new equity issue.

The ROE on the investment would have to be percent

The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here:

Stock price	$	75
Number of shares		65,000
Total assets	$	9,400,000
Total liabilities	$	4,100,000
Net income	$	980,000

MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $1,500,000, and it will be financed with a new equity issue.

The ROE on the investment would have to be percent