Multiple Choice
The prime rate:
A) is the annual rate of interest for banks' best customers.
B) changes infrequently.
C) is usually lower than treasury bill rates.
D) is the annual rate of interest for the bank.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q22: Bank term loans:<br>A) usually carry fixed interest
Q23: Accounts receivable may be used as a
Q26: It is difficult to acquire a loan
Q30: In times of tight credit in Canada,Eurodollar
Q31: The factoring of accounts receivable consists of:<br>A)
Q32: Net credit position refers to:<br>A) the difference
Q60: The largest source of short-term funds for
Q66: "Stretching the payment period" refers to the
Q117: Small companies finance a relatively greater proportion
Q123: Which of the following is not a