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A bank has total operating revenues and total operating expenses of 360 million and 190 million respectively. Compute net operating margin if the total assets

A bank has total operating revenues and total operating expenses of 360 million and 190 million respectively. Compute net operating margin if the total assets of this bank was 4550 million.

a. None of the answers is correct.

b. 7.91%

c. 12.09%

d. 4.18%

e. 3.74%

Please do not write the answer on a piece of paper or in excel.

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