A Group of Six Investors Wants to Open a New

Multiple Choice

A group of six investors wants to open a new bank.In their application to the Comptroller of the Currency,they discuss that the community they want to do business in has a median income of $55,000,that there are approximately 75,000 homes in the community,and that there is approximately $5.6 million in sales generated in the community on any given day.Which decision factor are the investors discussing for seeking a new charter?

A) The level of economic activity in the community
B) The growth of economic activity in the community
C) The need for a new financial firm
D) The strength and character of the local competition
E) None of the options are correct