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Suppose a bank pays depositors 3.25% on their checking deposits. The same bank makes mortgages at 5.20%. What is the banks Net Interest Margin (NIM)?
Suppose a bank pays depositors 3.25% on their checking deposits. The same bank makes mortgages at 5.20%. What is the banks Net Interest Margin (NIM)?
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
978-0077639730
