Fernando Bank has interest expense of $300 million, earning assets of $6,000 million and a net interest margin of 5 percent. The bank also has interest-bearing liabilities of $5,000 million. Fernando Bank's spread is: 1 percent 3 percent 4 percent 2 percent Fernando Bank has interest expense of $300 million, earning assets of $6,000 million and a net interest margin of 5 percent. The bank also has interest-bearing liabilities of $5,000 million. Fernando Bank's spread is: 1 percent 3 percent 4 percent 2 percent