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You are analyzing a firm's financial performance. ROE=0.08 Profit Margin= =0.20 Turnover =0.25 What is the equity multiplier? Hint: You want to use DuPont Identity.

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You are analyzing a firm's financial performance. ROE=0.08 Profit Margin= =0.20 Turnover =0.25 What is the equity multiplier? Hint: You want to use DuPont Identity. (10pts) Please show the formula and steps for the calculation

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