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Suppose a bank has equity multiplier of 8, asset utilization ratio of 11%, and profit margin of 23%. What is the Bank ROA? 1.7% 3.2%

Suppose a bank has equity multiplier of 8, asset utilization ratio of 11%, and profit margin of 23%. What is the Bank ROA?

1.7%

3.2%

2.5%

4.5%

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