Which of the Following Describes the Interest Rate Charged by Banks

question 40

Multiple Choice

Which of the following describes the interest rate charged by banks to their highest-quality customers?

• A)real rate
• B)nominal rate
• C)risk-free rate
• D)prime rate

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Definitions:

Secondary Markets

Stock exchanges and over-the-counter markets where investors can trade their securities with others.

Foreign Exchange Markets

Platforms where currencies are traded, enabling conversion of currencies and international trade.