If a bank earns $75 million net profits after tax and has $7.5 billion invested in assets

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If a bank earns $75 million net profits after tax and has $7.5 billion invested in assets and $600 million equity investment, what is its return on equity?

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Financial Markets and Institutions

ISBN: 978-1337099745

12th edition

Authors: Jeff Madura

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Question Posted: Oct 31, 2017 08:07 AM

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If a bank earns $75 million net profits after tax and has $7.5 billion invested in assets

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Financial Markets and Institutions

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