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Business, 09.03.2020 16:19 jeovontamarley

Ziff Corp. 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 30%. what will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $160,000? a. 17.6% b. 11.2% c. 16.0% d. 16.8%

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