Question
11. NAB earns 4% on $2 billion of interest earning assets and pays 3% on $1.5 billion of interest liabilities. With total capital of $3
11. NAB earns 4% on $2 billion of interest earning assets and pays 3% on $1.5 billion of interest liabilities. With total capital of $3 billion. Calculate NAB's Interest Rate Margin.
Select one:
a. Not enough information provided
b. 1.41%
c. 1.71%
d. None of the answers here.
e. 1.17%
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
