4-4. The First State Bank of Ashfork reports a net interest margin of 3.25 percent in its most recent financial report,
Posted: Tue Nov 23, 2021 8:59 am
4-4. The First State Bank of Ashfork reports a net interest margin of 3.25 percent in its most recent financial report, with total interest revenues of $88 million and total interest costs of $72 million. What volume of earning assets must the bank hold? Suppose the bank's interest revenues rise by 8 percent and its interest costs and earning assets increase 10 percent. What will happen to Ash Fork's net interest margin?