Question
Calculate the marginal cost of new funding to estimate the required return on the investable proportion given the following data for a U.S. bank. Market
Market Interest Rate (2.4%), Services Cost (4.3%), Acquisition Cost (1.3%), Deposit Insurance Cost (0.3%), Investable Proportion (90%).
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
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