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Question 1 The Third National Bank of Edmond reports a net interest margin of 5.83%. It has total interest revenues of $275 million and total
Question 1 The Third National Bank of Edmond reports a net interest margin of 5.83%. It has total interest revenues of $275 million and total interest expenses of $210 million. This bank has earnings assets of $1115 million. Suppose this bank's interest revenues rise by 8 percent and its interest expenses and total earning assets both rise by 9 percent next year. What is this bank's new net interest margin? A. 5.60% B. 5.83% C. 7.09% D. 7.80% E. 5.38%
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