Question
A bank has a net interest income of $50,000 for the year ended December 31, 2022. The bank's total interest income for the year was
A bank has a net interest income of $50,000 for the year ended December 31, 2022. The bank's total interest income for the year was $100,000, and its total interest expense was $50,000. Calculate the bank's net interest margin for the year.
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
14th edition
133507696, 978-0133507690
