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Business, 24.07.2019 21:20 simojo

The harris state bank has $2000 in total assets (all of which are earning assets), $500 of which will be repriced in the next 90 days. this bank also has $1600 in total liabilities, $1000 of which will be repriced in 90 days. the bank currently earns 9% on its assets and pays 4% on its liabilities. if interest rates on both assets and liabilities rise by 2% in the next 90 days, what would be this bank's net interest margin?

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