Second National Bank is forecasting a return on equity of 1 5 percent for this year. The
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Question:
Second National Bank is forecasting a return on equity of percent for this year. The board of directors wants to maintain its current policy of paying the bank's stockholders percent of any net earnings the bank will earn. How fast will the bank's capital grow?
Question options:
A
percent
B
percent
C
percent
D
percent
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