Pendant Publishing reported the following results for its Textbook Division: 
Pendant's target rate of return is 15% and the weighted average cost of capital is 10%. Its effective tax rate is 35%.
What is the Textbook Division's Return on Investment (ROI) ?
Definitions:
Primordial Follicles
The earliest stage of follicle development in the ovaries, present from birth.
Prenatal Development
The process of growth and development within the womb, from conception to birth.
Puberty
The developmental stage where an individual becomes capable of reproduction, marked by physical and hormonal changes.
Menopause
The time in most women's lives when menstrual periods stop permanently, and they are no longer able to bear children, typically occurring between 45 and 55 years of age.
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