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using information from table 1 , assume that the average interest rate that the bank charges on its commercial loans is 5 % and receives

using information from table 1, assume that the average interest rate that the bank charges on its commercial loans is 5% and receives an interest rate income of 1.5% on all of its financial security holdings. Also assume that the banks average interest rate it pays on its bonds is 4%. if the banks average assets are $75 million dollars what is the banks Net income interest Margin? show you answer to four decimal places in a numeric format (if answer is 2.54% enter answer as .0254). Table 1: Table 1
type. average balances
Commercial loans $ 30,000,000
Financial security holdings $ 15,000,000
customer deposit accounts $35,000,000
bond issued $10,000,000

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