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Homework answers / question archive / A firm has a ROE of 3%, a debt-to-equity ratio of

A firm has a ROE of 3%, a debt-to-equity ratio of

Finance

A firm has a ROE of 3%, a debt-to-equity ratio of .5, and a tax rate of 20% and pays an interest rate of 6% on its debt. What is its operating ROA?

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