Question: 1)a)The COFD = 8.5% and ROFE is 8.8%. What do we know about ROFA? ROFA is less than 8.5% ROFA is greater than 8.5% but

1)a)The COFD = 8.5% and ROFE is 8.8%. What do we know about ROFA?

ROFA is less than 8.5%

ROFA is greater than 8.5% but less than 8.8%

ROFA is greater than 8.8%

There is insufficient information to determine a range for ROFA

b)The COFD = 8.5% and ROFA is 8.8%. What do we know about ROFE?

ROFE is less than 8.5%

ROFE is greater than 8.5% but less than 8.8%

ROFE is greater than 8.8%

There is insufficient information to determine a range for ROFE

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