Fernando Bank Has Interest Expense of $150 Million,earning Assets of $1,400

question 24

Multiple Choice

Fernando Bank has interest expense of $150 million,earning assets of $1,400 million and a NIM of 5.00 percent. The bank also has interest-bearing liabilities of $1,100 million. Fernando Bank's spread is

• A)1.10 percent.
• B)1.65 percent.
• C)1.94 percent.
• D)2.08 percent.
• E)2.16 percent.

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Definitions:

Reasons Section

The reasons section of a document or presentation is where the rationale, grounds, or justification for certain views, decisions, or actions is elaborated upon.

Subordinate Refusal

The act of a lower-ranking employee or team member rejecting or declining directives or requests from their superior.

Techniques

Methods or strategies used to accomplish a task or solve a problem.

Layoff

The temporary or permanent termination of employees from their jobs by an employer, often due to economic downturns or restructuring.