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Grinder reports a net interest margin of 2.5 per cent in its most recent financial...

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Finance

Grinder reports a net interest margin of 2.5 per cent in its most recent financial report. with total interest revenue of \$95 million and total interest costs of $82 million. The volume of earning assets was 520 million. Suppose the bank's interest revenues rise by 5 per cent and its interest costs and earnings assets increase by 9 per cent. What will happen to Grinder's net interest margin ?

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