1. Up-to-date interest rates are available from the Federal Reserve at http://www.federalreserve. gov/releases. Locate the current rate...

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1. Up-to-date interest rates are available from the Federal Reserve at http://www.federalreserve. gov/releases. Locate the current rate on the fol- lowing securities:

a. Prime rate

b. Federal funds

c. Commercial paper (financial)

d. Certificates of deposit

e. Discount rate

f. One-month Eurodollar deposits Compare these rates on a-d to those reported in Table 1. Have short-term rates generally increased or decreased?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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