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Question
The Smith-James Bank has an ROE of 17.5%, an asset utilization ratio of 13%, and a net profit margin of 9%. What is the bank's equity multiplier?
A. 14.96 times
B. 1.58 times
C. 1.17 times
D. 134.62 times
E. None of the options is correct
Answer
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Related questions
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Which of the following adjustments are made to gross loans and leases to obtain net loans and leases?
A. Loan and lease loss allowance is added to gross loans.
B. Unearned income is subtracted from gross interest received.
C. Investment income is added to gross interest received.
D. Loan and lease loss allowance and unearned income is subtracted from gross loans.
E. Loan and lease loss allowance is subtracted from gross loans and investment income is added to gross interest received.
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What is the yield to maturity on this T-Bill?
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