14-76 If the exchange rate had fallen from $1.60/£1 at the beginning of the year to $1.50/£1 at the end of the year,the net interest margin for the FI on its balance sheet investments is
A)3.29%.
B)-3.29%.
C)4%.
D)8.75%.
E)0.38%.

Question

Quizplus · Accepted Answer

The Answer of 14-76 If the exchange rate had fallen from $1.60/£1 at the beginning of the year to $1.50/£1 at the end of the year,the net interest margin for the FI on its balance sheet investments is
A)3.29%.
B)-3.29%.
C)4%.
D)8.75%.
E)0.38%.

14-76 If the Exchange Rate Had Fallen from $1