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An Fl has an $1,000,000 one-year asset which is yielding 7.6% p.a.. This asset is financed by a $1,000,000 one-year CD which is paying at
An Fl has an $1,000,000 one-year asset which is yielding 7.6% p.a.. This asset is financed by a $1,000,000 one-year CD which is paying at 4%. The return of this asset and the net interest margin of this bank would respectively be A 7.6% / 4% B 7.6% / 3.6% C) 4% / 3.6% 3.6% / 7.6% E None of the above
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