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    Introduction to Corporate Finance Study Set 3
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    Exam 24: Working Capital Management: Current Assets and Current Liabilities
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    The Prime Lending Rate Is Defined As
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The Prime Lending Rate Is Defined As

Question 14

Question 14

Multiple Choice

The prime lending rate is defined as:


A) the rate banks borrow from other commercial banks.
B) the rate banks give to their best customers.
C) the rate banks give to their smallest customers.
D) the rate banks borrow from the central bank.

Correct Answer:

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