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value: 10.00 points A firm has an ROE of 2%, a debt/equity ratio of 0.6, a tax rate of 30%, and pays an interest rate
value: 10.00 points A firm has an ROE of 2%, a debt/equity ratio of 0.6, a tax rate of 30%, and pays an interest rate of 8% on its debt. What is its operating ROA? (Do not round intermediate calculations.Round your answer to 2 decimal places.] ROA
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