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5 years ago
If a bank has a leverage ratio of 0.1 and a return on assets of 2%, what is its return on equity?
A) 0.2%
B) 2.1%
C) 5%
D) 20%
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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Helped a lot
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Good timing, thanks!
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You make an excellent tutor!
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