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What is the proportion of debt nancing for a rm that expects a 18% return on equity, a 15% return on assets, and a 10%
What is the proportion of debt nancing for a rm that expects a 18% return on equity, a 15% return on assets, and a 10% return on debt? Ignore taxes.
a) 44.0%
b) 75.0%
c) 30.3%
d) 37.5%
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