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What will be the projects ROE if it produces an EBIT of $60,000 and it finances 50% of the project with equity and 50% with

What will be the project’s ROE if it produces an EBIT of –$60,000 and it finances 50% of the project with equity and 50% with debt? When calculating the tax effects, assume that Water and Power Co. as a whole will have a large, positive income this year.

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