x The Neal Company wants to estimate next year's return on equity (ROE) under different financial leverage ratios. Neal's total capital is $15 o million, it currently uses only common equity, it has no future plans to use preferred stock in its capital structure, and its federal-plus-state tax rate is 25%. Neal is a small firm with average sales of $25 million or less during the past 3 years, so it is exempt from the Interest deduction limitation. The CFO has estimated next year's EBIT for three possible states of the world: $4.1 million with a 0.2 probability, $1.6 million with a 0.5 probability, and $300,000 with a 0.3 probability Calculate Neal's expected ROE, standard deviation, and coefficient of variation for each of the following debt-to-capital ratios. Do not round Intermediate calculations. Round your answers to two decimal places. Debt/Capital ratio is 0 RE % O: % CV: Debt/Capital ratio is 10%, Interest rate is 9% RE: 1 CV: Debt/Capital ratio is 50%, interest rate is 11%. RE: % O: CV: Debt/Capital ratio is 60%, Interest rate is 14% RE: % 0 CV: C