Which one of the following is the interest rate that the largest commercial banks charge their most creditworthy corporate customers for short-term loans?
A) discount
B) Federal funds
C) prime
D) bid
E) call money

Question

Quizplus · Accepted Answer

The interest rate that the largest commercial banks charge their most creditworthy corporate customers for short-term loans is called the prime rate.

Which One of the Following Is the Interest Rate That