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A Return on Equity of 17% Implies Which of the Following

Question 56

Multiple Choice

A return on equity of 17% implies which of the following?


A) For every 17 cents invested, a return of $1.00 results
B) For every $1.00 invested, a return of 17 cents results
C) For every $1.17 invested, a return of 17 cents results
D) For every $10.00 invested, a return of $1.17 results
E) None of the above

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