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  • 15-02-2024
  • Business
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You are the manager of a bank that has set a target return on assets of 1.2 percent, a marginal tax rate of 20 percent, a provision for loan loss of 0.4 percent, and a burden of 1.2 percent. What net interest margin (NIM) must the bank achieve to make its target return on assets (ROA)?

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