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Wizard Co . is also considering financing the project with 5 0 % equity and 5 0 % debt. The interest rate on the company

Wizard Co. is also considering financing the project with 50% equity and 50% debt. The interest rate on the companys debt will be 13%. What will be the projects ROE if it produces an EBIT of $160,000?
24.54%
20.86%
18.41%
26.99%

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