Question: Three Waters Co. is considering a project that will require $700,000 in assets. The project will be financed with 100% equity. The company faces a

 Three Waters Co. is considering a project that will require $700,000

Three Waters Co. is considering a project that will require $700,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 35%. What will be the ROE (return on equity) for this project if it produces an eBIT (earnings before interest and taxes) of $155,000? O 11.5% 9.4% 14.49 10.8%

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