The Prime Rate Is

question 21

Multiple Choice

The prime rate is:

• A) the highest rate of interest charged on business loans to the best business borrowers by the nation's leading banks' premium rate
• B) the lowest rate of interest charged on business loans to the best business borrowers by the nation's leading banks.
• C) the average rate of interest charged on business loans to the best business borrowers by the nation's leading banks.
• D) the treasury bill rate

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