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3) You have this data for the Pascal Company: Debt/Equity = x0% Total Debt = $5 million Cost of Debt 10% Tax Rate = 40%

3) You have this data for the Pascal Company: Debt/Equity = x0% Total Debt = $5 million Cost of Debt 10% Tax Rate = 40% ROA=x% What is Pascal's ROE? (15 pts)

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