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Question
Blue Ridge Bank has a PM of 12%, an interest income to total assets ratio of 6.00%, and a noninterest income to assets ratio of 1.50%. Blue Ridge also has $9 in assets per dollar in equity capital. Blue Ridge's ROE is
A. 7.50%
B. 9.00%
C. 8.10%
D. 6.48%
E. 5.75%
Answer
This answer is hidden. It contains 27 characters.
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