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Business, 25.02.2020 01:02 girlgirl7230

Bank of the Atlantic has liabilities of $4 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $5 million with an average maturity of 5 years earning interest rates of 6.0 percent annually. What is the maximum interest rate that it can refinance its $4 million liability and still break even on its net interest income in dollars?

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Bank of the Atlantic has liabilities of $4 million with an average maturity of two years paying inte...
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