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    Foundations of Financial Management Study Set 1
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    Exam 8: Sources of Short-Term Financing
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    The Bank Rate
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The Bank Rate

Question 36

Question 36

Multiple Choice

The bank rate:


A) is the rate that the Bank of Canada charges Chartered banks.
B) is very stable over time.
C) is affected by economic and political factors.
D) is available to all bank customers.

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