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Question
Plains National Bank has interest income of $250 million and interest expense of $110 million, noninterest income of $40 million and noninterest expense of $65 million on earning assets of $3,900 million. What is Plains' overhead efficiency ratio?
A. 61.54%
B. 44.00%
C. 9.23%
D. 42.45%
E. 37.46%
Answer
This answer is hidden. It contains 13 characters.
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