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In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement Assets 1034900 OMR Liabilities 800000 OMR Interest Revenue 610000 OMR

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In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement Assets 1034900 OMR Liabilities 800000 OMR Interest Revenue 610000 OMR Interest Expense 405600 OMR Earning assets are 75% of Total Assets. Interest Bearing Liabilities are 80% of Total Liabilities. What is the Spread of Bank Muscat? Select one: O a. 2.54% Ob. 8.24% O c. 15.22% O d. 27.89%

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