Firms A and D are identical except for their level of debt and the interest rates they pay on debt. Use the data below to answer the question. Applicable to Both Firms Firm A$$s Data Firm D$$s Data Assets $$15,000$ Debt ratio $50\%$ Debt ratio $20\%$ EBIT $$3,000$ Tax rate $40\%$ Interest rate $12\%$ Interest rate $10\%$ What is the difference between the two firms$$ Return on Equity $($ROE$)?($answer in percentage $(\%)$ with two decimals, for example if your answer is $0\mathrm{.}058$ enter $5\mathrm{.}80)$ Firms A and D are identical except for their level of debt and the interest rates they pay on debt. Use the data below to answer the question.

Applicable to Both Firms

Assets $\backslash$$$15,000$

EBIT $\backslash$$$3,000$

Tax rate $40\backslash \%$

Firm D$\text{'}$s Data

Debt ratio $20\backslash \%$

Interest rate $10\backslash \%$

What is the difference between the two firms' Return on Equity $($ROE$)?($answer in percentage $(\backslash \%)$ with two decimals, for example if your answer is $0\mathrm{.}058$ enter $5\mathrm{.}80)$

Answer: