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    Confu Inc Expects to Have the Following Data During the Coming
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Confu Inc Expects to Have the Following Data During the Coming

Question 63

Question 63

Multiple Choice

Confu Inc. expects to have the following data during the coming year. What is the firm's expected ROE? Assets $200,000 Interest rate 8%
Debt/Assets, book value 65% Tax rate 40%
EBIT $25,000


A) 12.51%
B) 13.14%
C) 13.80%
D) 14.49%
E) 15.21%

Correct Answer:

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