About the the discount rate

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Reference no: EM13815104

Which of the following is true of the discount rate?

a. It is the interest rate commercial banks charge their most creditworthy customers.

b. It is the interest rate that thrift institutions charge for home mortgages.

c. It is the interest rate at which depository institutions can borrow from the Federal Reserve.

d. It is the interest rate set in the market for U.S. Treasury Bills.

e. It is the prime interest rate.

Reference no: EM13815104

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