A bank has the following balance sheet: Market LIAB. & Market ASSETS Yield Duration Yield Duration Value EQUITY Value 1-yr Time Cash 86 607 4.9% 0.5 deposit 3-yr Commercial 791 8.3% 2.9 3-yr CD 200 5.0% 3.0 loan 6-yr Treasury 155 4.4% 3.6 Equity ??? bond ???? ???? What is the bank's expected economic net interest income? Please answer to the nearest hundredth (if you calculate 1.23456, then you must answer at least to the 1.23 level). 36.94
A bank has the following balance sheet: Market LIAB. & Market ASSETS Yield Duration Yield Duration Value EQUITY Value 1-yr Time Cash 86 607 4.9% 0.5 deposit 3-yr Commercial 791 8.3% 2.9 3-yr CD 200 5.0% 3.0 loan 6-yr Treasury 155 4.4% 3.6 Equity ??? bond ???? ???? What is the bank's expected economic net interest income? Please answer to the nearest hundredth (if you calculate 1.23456, then you must answer at least to the 1.23 level). 36.94
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 3SEQ
Related questions
Question
am. 137.

Transcribed Image Text:A bank has the following balance sheet:
Market
LIAB. &
Market
ASSETS
Yield Duration
Yield Duration
Value
EQUITY
Value
1-yr Time
Cash
86
607 4.9%
0.5
deposit
3-yr
Commercial
791 8.3% 2.9
3-yr CD
200
5.0%
3.0
loan
6-yr Treasury
155 4.4% 3.6
Equity
???
bond
????
????
What is the bank's expected economic net interest income? Please answer to the
nearest hundredth (if you calculate 1.23456, then you must answer at least to
the 1.23 level).
36.94
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