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What is the return on equity if there is a 4.8% profit margin, a return on assets of 12.8%, and an equity multiplier of 1.7?

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What is the return on equity if there is a 4.8% profit margin, a return on assets of 12.8%, and an equity multiplier of 1.7? Round the final answer to one decimal place. a. 36.1% b. 21.8% c. 8.2% d. 7.5% e. 28%

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