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A firm with debt equity ratio of 13 a return on asset of 15 and return on debt of 8 will have return on equity of a 5 b 7 c 1733 d 3636

A firm with debt‐equity ratio of 1/3, a return on asset of 15%, and return on debt of 8% will have return on
equity of:
a) 5%
b) 7%
c) 17.33%
d) 36.36%

Apr 15 2021 View more View Less

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