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Question 26 3.75 pts Second National Bank is forecasting a return on equity of 18 percent for this year. The board of directors wants to
Question 26 3.75 pts Second National Bank is forecasting a return on equity of 18 percent for this year. The board of directors wants to maintain its current policy of paying the bank's stockholders 40 percent of any net earnings the bank will earn. How fast can the bank's assets grow this year without jeopardizing its ratio of capital to assets? (Report a number and keep 4 decimal places. e.g. report 0.1501 instead of 15.01%.)
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