Question
The following items are extracted from National Abad Bank. RM 8 million in reserves RM 25 million in variable-rate mortgages RM 4 million in checkable
The following items are extracted from National Abad Bank.
RM 8 million in reserves
RM 25 million in variable-rate mortgages
RM 4 million in checkable deposits
RM 2 million in saving deposits
RM 6 million of two-year CDs
- What is the income gap for National Abad Bank? (3m)
- What will happen to the banks current net interest income if rates fall by 75 basis points? (2m)
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Contemporary Auditing
Authors: Knapp, Rittenberg
1st Edition
1133731244, 978-1133731245
