AFP
CTP · Question #109
(Topic 2) The rate of interest commercial banks charge their best credit rated customers is called the:
The correct answer is C. prime rate. See the full explanation below for the reasoning.
Question
- (Topic 2)
The rate of interest commercial banks charge their best credit rated customers is called the:
Options
- Adiscount rate.
- Bcall rate.
- Cprime rate.
- Dreal interest rate.
How the community answered
(19 responses)- B11% (2)
- C84% (16)
- D5% (1)
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