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What fernando bank spread is

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Reference no: EM132918950

Problem 1: Fernando Bank has interest expense of $150 million, earning assets of $1,500 million and a NIM of 5.00 percent. The bank also has interest-bearing liabilities of $1,100 million. Fernando Bank's spread is

Select one:

a. 1.15 percent.
b. 1.55 percent.
c. 2.08 percent.
d. 1.36 percent.
e. 1.85 percent.

Reference no: EM132918950

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