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You are provided with the following information: a bank has a net income after taxes of $3.5 million; it has assets of $150 million; and
You are provided with the following information: a bank has a net income after taxes of $3.5 million; it has assets of $150 million; and bank capital of $12.5 million. What is the bank's return on assets; its return on equity, and its debt-to-equity ratio?
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