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QUESTION 1 The WCOB has the following information about its balance sheet: $650 million in interest bearing deposits with an average interest rate of 1.86%,
QUESTION 1 The WCOB has the following information about its balance sheet: $650 million in interest bearing deposits with an average interest rate of 1.86%, $167 million in demand deposits, $739 million in loans and securities with an average interest rate of 3.49%, and $22 million in cash. What is their net interest income? Note: Answer in millions of dollars, report two decimal places. 
The WCOB has the foliowiog informasion about its bolanco oheot $650 milion in interest boaring deponits with an average interest rate of 1.86%,$167 million in demand deposits. $799 milion h lars and securties with an averape inte'est rate of 3.49%, and $22 melion in cash. What is their net interest income? Note: Answer in millions of dollars, report two decimal plasts
QUESTION 1
The WCOB has the following information about its balance sheet: $650 million in interest bearing deposits with an average interest rate of 1.86%, $167 million in demand deposits, $739 million in loans and securities with an average interest rate of 3.49%, and $22 million in cash. What is their net interest income? Note: Answer in millions of dollars, report two decimal places.
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International Finance
Authors: Keith Pilbeam
4th Edition
0230362893, 978-0230362895
