Multiple Choice
You are given the following information about a firm: The growth rate equals 8 percent;return on assets (ROA) is 10 percent;the debt ratio is 20 percent;and the stock is selling at $36.What is the return on equity (ROE) ?
A) 14.0%
B) 12.5%
C) 15.0%
D) 2.5%
E) 13.5%
Correct Answer:
Verified
Correct Answer:
Verified
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