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I got this question wrong- please help me! Thank you for all your hard work. I always upvote correct answers- I really appreciate the work you do.
Aero Company is able to earn a 12% return on assets. The Company can issue bonds that have an 8% interest rate. Based on this information alone Multiple Choice the company's return on equity will decrease if the company issues bonds and invests the proceeds. the company's return on equity will increase if the company issues bonds and invests the proceeds. the company's return on equity will not be affected if the company issues bonds and invests the proceeds. The answer cannot be determined from the information provided
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