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What is Lou Levers return on equity invested on a one-year investment that provides an 11% if he invests $50,000 of his own cash and

  1. What is Lou Levers return on equity invested on a one-year investment that provides an 11% if he invests $50,000 of his own cash and borrows $120,000 at 8% from a bank in a one-year loan with a single payment if Lous tax rate is 36%?

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