3 1 point You are the financial manager of Divided Airlines. The firm is expected to...
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3 1 point You are the financial manager of Divided Airlines. The firm is expected to generate $135.20 in EBIT in perpetuity, it is fully equity financed, and it pays out all its EBIT as dividends. The firm has 100 shares of stock selling at $6. The corporate tax rate is 21%. What is the return on assets of the firm? Answer in percentage with 2 decimals. 1.00 1 point 3 1 point You are the financial manager of Divided Airlines. The firm is expected to generate $135.20 in EBIT in perpetuity, it is fully equity financed, and it pays out all its EBIT as dividends. The firm has 100 shares of stock selling at $6. The corporate tax rate is 21%. What is the return on assets of the firm? Answer in percentage with 2 decimals. 1.00 1 point
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