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Based on the information given below, calculate Bank M's net interest margin, profit, ROA, ROE. Bank M has an asset of $500 million. Gross interest
Based on the information given below, calculate Bank M's net interest margin, profit, ROA, ROE. Bank M has an asset of $500 million.
Gross interest income | 9% |
Gross interest expense | 5% |
Loan loss provision | 1% |
Noninterest income | 1% |
Noninterest expenses | 3% |
Capital/Asset Ratio | 5% |
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