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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 Is Determined By
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The Bank Rate Is Determined By

Question 88

Question 88

Multiple Choice

The bank rate is determined by:


A) the chartered banks.
B) the yield on 91-day Treasury bills.
C) the prime rate.
D) the Bank of Canada overnight rate.

Correct Answer:

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