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The Overnight Interest Rate Is

Question 80

Multiple Choice

The overnight interest rate is


A) the interest rate the Bank of Canada charges investment banks, trusts, credit unions, and caisses populaires.
B) the interest rate a bank charges its best customers.
C) the interest rate banks charge each other for overnight loans.
D) the interest rate on a Canada bond.
E) the interest rate charged on credit card borrowing if payments are made before they are due.

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