Today is $1/1/24,$ and your frm estimated an expected EBIT of $$240,000\mathrm{.}00$ for $2024.$ based on total assets of $$1\mathrm{.}00,000\mathrm{.}00,$ a tax rate of $40$ percent, a before$-$tax cost of debt of $10\mathrm{.}0$ percent, and a retur on equity $($ROE$)$ of $16\mathrm{.}00$ percent. Given this information, determine what the firm's expected ROE will be for $2024$ if it immediately doubles the amount of debt $($still at a $10\mathrm{.}0$ percent rote$)$ and uses the proceeds to repurchase equity. $16\mathrm{.}93\%20\mathrm{.}00\%$O $15\mathrm{.}69\%$O $18\mathrm{.}35\%|21\mathrm{.}93\%$