What is roe

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A firm has EBIT of $15 million, interest expense of $1 million, and...A. 24% C. 2.8% D. 18% E. 4.2% A firm has EBIT of $15 million, interest expense of $1 million, and pays taxes of $4 million. The firm has a market-to-book ratio of 5.75. If the firm has 30 million shares outstanding at a current price of $12 per share, what is its ROE?

Reference no: EM132999270

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