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a Suppose Bank of Ww is projected to achieve a 0.019 ROA during the coming year. It wants to achieve its target ROE of 0.06.

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a Suppose Bank of Ww is projected to achieve a 0.019 ROA during the coming year. It wants to achieve its target ROE of 0.06. How much debt as a percentage of total assets should it have in its capital structure? (Hint: first solve for TA/TE ratio, and then convert it to TL/TA, as shown in class). Enter the answer with 4 decimals (e.g. 0.1234)

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