Three Waters Co. is considering a project that will require $700,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 35%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $155,000? 11.5% 9.4% 14.4% 10.8% Determine what the project's ROE will be if its EBIT is - $60,000. When calculating the tax effects, assume that Three Waters Co. as a whole will have a large, positive income this year. 4.8% -5.9% -5.6% -5.3% Three Waters Co. is also considering financing the project with 50% equity and 50% debt. The interest rate on the company's debt will be 10%. What will be the project's ROE if it produces an EBIT of $155,000? 16.7% 19.04 22.3% 21.2% What will be the project's ROE if it produces an EBIT of $60,000 and it finances 50% of the project with equity and 50% with debt? When calculating the tax effects, assume that Three Waters Co. as a whole will have a large, positive income this year. -17.6% -20.2% -16.7%