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Homework: Chapter 10 Homework Score: 0 of 1 pt 8 of 15 (6 complu End of Chapter 2.8 Suppose First National Bank has $240 million

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Homework: Chapter 10 Homework Score: 0 of 1 pt 8 of 15 (6 complu End of Chapter 2.8 Suppose First National Bank has $240 million in assets and $24 million in equity capital. If First National has a 4% ROA, what is its ROE? (Enter your answer rounded to two decimal places). ROE= %

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