You are considering investing in FOX Inc. You have been able to locate the following information on the firm: total assets are $26.1 million, total dividend paid is 0.63 million, retention ratio is 70%, and debt ratio (total debt/total assets) is 0.5. Find the ROE (Please keep four decimal places, for example, 0.1028).

Fox Inc. recently reported $2.4 million of net income. Its EBIT was $8.6 million, and its tax rate was 40%. Its interest expense is: (in $ millions)