Question by Mysterious: If 1 Euro is equal to 1 Canadian dollar,what interest spread does the bank expect on its loans?
Assets:183,000 CDN Dollars (9%)
Liabilities: 164,700 Euros (5.5%)
Equity: 18,300 Euros
Total Liabilities & Equity: 183,000 Euros
Best answer:
Answer by Astray A
1.00 EUR = 1.63765 CAD
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