In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement. Assets 1032600 OMR Liabilities 805500 OMR Interest Revenue 602300 OMR Interest Expense 404000 OMR Earning assets are 75% of Total Assets. Interest Bearing Liabilities are 80% of Total Liabilities. What is the Spread of Bank Muscat? Select one: Oa. 2.54 % Ob. 15.08 % Oc. 8.17 % Od. 27.62 %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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In 2021, Bank Muscat reported the following amounts
in its Balance sheet and Income Statement.
Assets
1032600 OMR
Liabilities
805500 OMR
Interest Revenue 602300 OMR
Interest Expense 404000 OMR
Earning assets are 75% of Total Assets.
Interest Bearing Liabilities are 80% of Total Liabilities.
What is the Spread of Bank Muscat?
Select one:
Oa. 2.54 %
Ob. 15.08 %
Oc. 8.17 %
Od. 27.62 %
Transcribed Image Text:In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement. Assets 1032600 OMR Liabilities 805500 OMR Interest Revenue 602300 OMR Interest Expense 404000 OMR Earning assets are 75% of Total Assets. Interest Bearing Liabilities are 80% of Total Liabilities. What is the Spread of Bank Muscat? Select one: Oa. 2.54 % Ob. 15.08 % Oc. 8.17 % Od. 27.62 %
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