Question
A bank has the following balance sheet: (millions) Bank Balance Sheet Reserves Loans Securities Assets ROA= The Return on Assets (ROA) is: The Return
A bank has the following balance sheet: (millions) Bank Balance Sheet Reserves Loans Securities Assets ROA= The Return on Assets (ROA) is: The Return on Equity (ROE) is: ROE= Liabilities and Capital $ 47 30 18 $95 $ 25 Deposits 35 35 $95 Borrowings Bank Capital 1.89% 10.00 % Net profit after taxes Total bank assets Net profit after taxes Bank Capital Using the above information, the Bank's Net Profit after Taxes is?
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Money Banking and Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
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