As LIBOR is a rate paid by banks with ________,most firms will borrow at a rate that ________ LIBOR.

Question

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LIBOR is a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans. Banks with the highest credit quality are involved, and most firms will borrow at a rate that exceeds LIBOR, reflecting the higher risk compared to the banks that contribute to the LIBOR rate.

As LIBOR Is a Rate Paid by Banks with ________,Most