The _________ interest rate may be defined as approximately the rate a bank could earn by investing in government treasury notes for the same length as the length of a business loan.
A) risk- free
B) prevailing
C) nominal
D) stated

Name: The _________ interest rate may be defined as approximately the rate a bank could earn by investing in government treasury notes for the same length as the length of a business loan. A) risk- free B) prevailing C) nominal D) stated
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The Answer is A

The _________ Interest Rate May Be Defined as Approximately the Rate