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What is the expected return on equity for firm in the 40 percent tax bracket with a 15 percent expected return on assets that pays

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What is the expected return on equity for firm in the 40 percent tax bracket with a 15 percent expected return on assets that pays 12 percent on its debl. which totals 25 percent of assets? 24 percent 15.60 percent 16 percent 20 percent

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