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Question
Fernando Bank has interest expense of $150 million, earning assets of $1,400 million and a NIM of 5.00%. The bank also has interest-bearing liabilities of $1,100 million. Fernando Bank's spread is
A. 1.10%
B. 1.65%
C. 1.94%
D. 2.08%
E. 2.16%
Answer
This answer is hidden. It contains 43 characters.
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