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Which of the following is not true of the LIBOR (London Interbank Offered Rate)? Multiple Choice It is usually slightly higher than the Fed funds

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Which of the following is not true of the LIBOR (London Interbank Offered Rate)? Multiple Choice It is usually slightly higher than the Fed funds rate. It is the rate paid on Eurodollars. O The US commercial paper market quotes rates as a spread over LIBOR. It is known that LIBOR has been manipulated in the past. O LIBOR is only relavant for the European market

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