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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 1.5 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 1.5 percent. What were the bank's after-tax profits? Reserves Loans Securities Assets Bank Balance Sheet (in thousands) $100 $1,000 $900 The bank's after-tax profits: $ Liabilities and Capital $1,000 $0 $1,000 Deposits Borrowing Bank Capital thousands

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