The london interbank offered rate libora competes with the, Ask an Expert

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The London Interbank Offered Rate (LIBOR)

a) competes with the U.S. Prime Rate for those companies with an international presence. ?

b)has been lower than the U.S. Prime Rate for at least the last decade. ?

c) is an estimate of the interbank lending rate for London banks. ?

d) all of these options are correct.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92325881

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