The LIBOR is primarily used as the basis for the rate charged on:

Name: The LIBOR is primarily used as the basis for the rate charged on:
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Question

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The LIBOR (London Interbank Offered Rate) is primarily used as the basis for the rate charged on Eurodollar loans in the London market. The Eurodollar market is a market for U.S. dollar-denominated deposits held in foreign banks outside of the United States. Therefore, option C is the best choice. The other options are not directly related to the use of LIBOR.

The LIBOR Is Primarily Used as the Basis for the Rate