menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Foundations of Financial Management Study Set 6
  4. Exam
    Exam 8: Sources of Short-Term Financing
  5. Question
    The Prime Rate
Solved

The Prime Rate

Question 61

Question 61

Multiple Choice

The prime rate


A) is the rate that banks charge their most creditworthy customers.
B) was over 20% in the early 1980s.
C) is affected by economic and political factors.
D) all of the other answers are correct

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Brand Advertising is offered a 3/10 net

Q21: The London Interbank Offered Rate (LIBOR):<br>A) does

Q29: Firms exposed to the risk of interest

Q30: A cash discount calls for a reduction

Q35: In financing accounts receivable,pledging uses receivables _

Q42: Accounts payable is a spontaneous source of

Q55: Hedging refers to<br>A) avoiding high-risk investment opportunities.<br>B)

Q62: Laura's Book Shoppe is going to borrow

Q64: Mr. Jones borrows $3,000 for 90 days

Q82: The movement of the exchange rate can

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines