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What is the equity multiplier for a bank where equity is equal to 10 percent of total asset? A) 90.0 B) 10.0 C) 1.1 D)
What is the equity multiplier for a bank where equity is equal to 10 percent of total asset?
A) 90.0
B) 10.0
C) 1.1
D) 110.0
E) 1.0
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