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Now suppose First National's equity capital declines to $ 1 3 million, while its assets and ROA are unchanged. What is First National's ROE now?

Now suppose First National's equity capital declines to $

13

million, while its assets and ROA are unchanged. What is First National's ROE now?

(

Enter your answer rounded to two decimal places

)

ROE

=

enter your response here

%

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