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A retail bank offers various financial products. Determine the net interest margin (NIM) for the quarter ending February, with the following details: Interest income from
A retail bank offers various financial products. Determine the net interest margin (NIM) for the quarter ending February, with the following details:
- Interest income from loans: $100,000
- Interest expense on deposits: $50,000
- Average interest-earning assets: $1,000,000
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