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    Financial Management Theory and Practice Study Set 1
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    Exam 17: Working Capital Management and Short-Term Financing
  5. Question
    The Prime Rate Charged Can Vary Greatly (E
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The Prime Rate Charged Can Vary Greatly (E

Question 17

Question 17

True/False

The prime rate charged can vary greatly (e.g.,as much as 2 to 4 percentage points) across banks due to banks' ability to differentiate themselves and because particular banks develop particular clienteles,such as making loans to specialty retailers.

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