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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 (ROA) was 2.5 percent. What

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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 (ROA) was 2.5 percent. What were the bank's after-tax profits? Bank Balance Sheet (in thousands) AssetS Liabilities Reserves Loans Securities $100 $500 $500 Deposits Borrowing Bank Capital $1,000 $0 $100 The bank's after-tax profits:$

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