Question
Imagine that a given investment bank generated a return on assets of 10% which lead to a doubling of bank capital. What was the
Imagine that a given investment bank generated a return on assets of 10% which lead to a doubling of bank capital. What was the asset to equity ratio in this bank?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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