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You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $18 million,

You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $18 million, dividend is 0.8 million, retention ratio is 60%, and debt-to-equity ratio is 1.5 times.

Calculate the ROE

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