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the bank has the following information about its balance sheet: $575 million in interest bearing deposits with an average interest rate of 1.39%, $160 million
the bank has the following information about its balance sheet: $575 million in interest bearing deposits with an average interest rate of 1.39%, $160 million in demand deposits $725 million in loans and securities with an average interest rate of 3.55% , and $45 million in cash, what is their net interest income? answer in millions of dollars, two decimal places
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