Confu Inc. expects to have the following data during the coming year. The company is small, so
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Question:
Confu Inc. expects to have the following data during the coming year. The company is small, so it is not subject to the interest deduction limitation. What is the firm's expected ROE?
Capital | $174,000 | Interest rate | 4% | |
Debt/Capital, book value | 65% | Tax rate | 25% | |
EBIT | $34,000 |
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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