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A bank originates a 30 year Fully Amortizing FRM at an annual interest rate of 5% with monthly compounding and monthly payments. If 10 years

A bank originates a 30 year Fully Amortizing FRM at an annual interest rate of 5% with monthly compounding and monthly payments. If 10 years later, the bank borrows at 6%, what is this bank s Net Interest Margin (NIM) on this FRM

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