Question

A firm requires an investment of $18,000 and will return $26,000 after one year. If the...

A firm requires an investment of $18,000 and will return $26,000 after one year. If the firm borrows $12,000 at 7​% what is the return on levered​ equity?

167.1%

143.2%

95.5%

119.3%

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