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ABC Bank has a profit margin of 15 percent. ABCs total operating income to total asset is 0.075 and interest income ratio is 6%. ABC
- ABC Bank has a profit margin of 15 percent. ABCs total operating income to total asset is 0.075 and interest income ratio is 6%. ABC also has $7 in assets per dollar in equity capital. ABC's return on equity is (4 points)
A) 7.88%
B) 6.30%
C) 14.18%
D) 15.03%
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