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A bank has total interest income of $71 million and total noninterest income of $15 million. This bank has total interest expenses of $40 million
A bank has total interest income of $71 million and total noninterest income of $15 million. This bank has total interest expenses of $40 million and total noninterest expenses (excluding PLL) of $23 million. Its provision for loan losses is $4 million and its taxes are $3 million.
What is this bank's net noninterest income?
Answer: $_______ million
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