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19 June, 16:07

Blue Ridge Bank has a PM of 12 percent, an interest income to total assets ratio of 6.00 percent, and a noninterest income to assets ratio of 1.50 percent. Blue Ridge also has $9 in assets per dollar in equity capital. Blue Ridge's ROE is

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  1. 19 June, 20:02
    0
    8.10 Percent

    Explanation:

    = 0.12 * (6% + 1.50%) * 9

    = 8.10%
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