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What is roe if the firm has thirty million shares

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Problem 1: 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: EM132933775

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