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19) Which of the following is true of the prime lending rate? O a. It is most commonly used as the base rate for longer-term

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Which of the following is true of the prime lending rate? O a. It is most commonly used as the base rate for longer-term loans. Ob. It is currently the lending rate charged to the Fl's lowest-risk customers. OC. It is also known as LIBOR. Od. It is the rate for interbank dollar loans of a given maturity in the Eurodollar market

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