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I KNOW THE FORMULA IS (REVENUE-EXPENSES)/ASSETS BUT WHEN I PUT INTO CALCULATOR I GET -.03. HELP. - Bank A has interest revenues of $4 million,
I KNOW THE FORMULA IS (REVENUE-EXPENSES)/ASSETS BUT WHEN I PUT INTO CALCULATOR I GET -.03. HELP.
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Bank A has interest revenues of $4 million, interest expenses of $5 million, and assets totaling $20 million. Bank A's net interest margin is
| a. | $1 million. |
| b. | $1 million. |
| c. | 5 percent. |
| d. | 5 percent. |
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