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For a bank that has floating rate assets yielding L+50 and can issue fixed rate debt at T + 20 and floating at L +
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For a bank that has floating rate assets yielding L+50 and can issue fixed rate debt at T + 20 and floating at L + 45, with a swap spread at 10 bp, the best net margin (asset liability) that can be achieved is:
A. 30 bp
B. 40 bp
C. 5 bp
D. 25 bp
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