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Given the following balance sheet data, what are the banks' after-tax profits if ROA is 1.5% ? Reserves $300 Deposits $1,840 Loans $1,050 Borrowing $10
Given the following balance sheet data, what are the banks' after-tax profits if ROA is 1.5% ? Reserves $300 Deposits $1,840 Loans $1,050 Borrowing $10 Securities $950 Capital $450 $345 $300 $30 $34.50
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