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a bank has the following ratios: ROA 0.90%, Equity Multiplier 9.1, Interest Expense Ratio 22.44%, Noninterest Expense Ratio 50.56%, Provision for loan loss ratio 11.48%,
a bank has the following ratios: ROA 0.90%, Equity Multiplier 9.1, Interest Expense Ratio 22.44%, Noninterest Expense Ratio 50.56%, Provision for loan loss ratio 11.48%, and tax ratio of 4%. what is the bank's profit margin? Note: answer in percent, report two decimal places.
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