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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

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 Interest Rate (2.4%), Services Cost (4.3%), Acquisition Cost (1.3%), Deposit Insurance Cost (0.3%), Investable Proportion (90%).

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