The First National Bank of Trinidad reports a net interest margin of 5.83 percent. It has total interest revenues of $275 million and total interest expenses of $210 million. What will be the bank's earning assets total? A. $4,717 million B. $3,602 million C. $1,115 million D. $3,790 million
The First National Bank of Trinidad reports a net interest margin of 5.83 percent. It has total interest revenues of $275 million and total interest expenses of $210 million. What will be the bank's earning assets total? A. $4,717 million B. $3,602 million C. $1,115 million D. $3,790 million
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The First National Bank of Trinidad reports a net interest margin of 5.83 percent. It has total
interest revenues of $275 million and total interest expenses of $210 million. What will be the
bank's earning assets total?
A. $4,717 million
B. $3,602 million
C. $1,115 million
D. $3,790 million
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