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When will ROE equal ROC? Whenever the firm has equal debt and equity financing Whenever the firm has no debt Whenever the value of the

When will ROE equal ROC?

  1. Whenever the firm has equal debt and equity financing
  2. Whenever the firm has no debt
  3. Whenever the value of the firm's assets exceeds the value of its equity
  4. ROE will never equal ROC

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