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The London Interbank Offered Rate (LIBOR): Multiple Choice does not compete with the prime rate domestically for international firms. is the loan rate offered by

The London Interbank Offered Rate (LIBOR):

Multiple Choice

does not compete with the prime rate domestically for international firms.

is the loan rate offered by London banks to its best customers.

is a stable international rate.

often is lower than the domestic prime rate.

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