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answer ASAP Consider a bank with the following balance sheet. You read in the local newspaper that the bank's return on assets (RCA) was 0.5

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answer ASAP

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Consider a bank with the following balance sheet. You read in the local newspaper that the bank's return on assets (RCA) was 0.5 percent. What were the bank's after-tax prots? Bank Balance Sheet (in thousands) Assets Liabilities and Capital Reserves $100 Deposits $1.000 Loans $1,000 Borrowing I SO Securities $900 ' Bank Capital I $1.000 The bank's after-tax prots: 5 thousands

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