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A bank has a profit margin of 12%, an interest income to total assets ratio of 6%, and a noninterest income to asset ratio of

image text in transcribed A bank has a profit margin of 12%, an interest income to total assets ratio of 6%, and a noninterest income to asset ratio of 1.5%. The bank has $9 in assets per dollar of equity capital. What is the bank's ROE? 9.00% 6.48% 8.10% 7.50%

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