Question: What is the expected return on equity for a rm with a 12% expected return on assets that pays 10% on its debt, which totals

What is the expected return on equity for a rm with a 12% expected return on assets that pays 10% on its debt, which totals 40% of assets?

  • 12.67%
  • 13.33%
  • 12.19%
  • 14.12%

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