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Posted on May 25, 2024

. Suppose Levered Bank is funded with 1.9% equity and 98.1% debt. Its current market capitalization is $10.71 billion, and its market-to-book ratio is 0.8.

. Suppose Levered Bank is funded with 1.9% equity and 98.1% debt. Its current market capitalization is $10.71 billion, and its market-to-book ratio is 0.8. Levered Bank earns a 4.26% expected return...

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